Property profile

494 N Middletown Rd Pearl River, NY 10965

FOR LEASE
Office buildings
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Property ID
US63-2384263
1,436 SF 0.16 ac Built 1970
Last sale Sep 2025·$475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 494 N Middletown Road in Pearl River, New York consists of specialty commercial space with approximately 2,860 square feet of rentable area. The building is situated along N Middletown Road and is positioned for visibility from passing traffic, and the interior layout is designed to support specialty uses that benefit from an adaptable configuration. The space includes features related to tenant access and configuration, with further details dependent on the specific setup.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$166k
Assessed land$34k
Assessed improvement$133k

Value estimate

· Nov 2026
$515k
$464k – $567k
AI approach$575k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$20k
Operating expenses−$27k
NOI$82k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$730/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$357 – $1,132
Qualifying comparables3

Cap rate analysis

How does the asset earn?
$82k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CO
JurisdictionROCKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
Pharmacy10.7
Wholesale Shop9.9

Location

494 N Middletown Rd Pearl River, NY 10965
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
407 Middletown, Pearl River, NY 10965 $1,375,000 Mar 2025 1,428 SF
300 Middletown Rd, Pearl River, NY 10965-1295 $1,050,000 Feb 2025 1,606 SF
119 Franklin, Pearl River, NY 10965-2510 $875,000 Dec 2024 No data
1 Old Middletown, Pearl River, NY 10965-2637 $1,300,000 Apr 2024 6,307 SF
360 Ehrhardt, Pearl River, NY 10965-1339 $380,000 Nov 2022 2,285 SF
50 Franklin, Pearl River, NY 10965-2505 $308,000 Oct 2019 2,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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