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Property profile & analytics
FOR LEASE
Grocery and convenience stores
130-156 Dolson Ave, Middletown, NY 10940
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1899775
For Lease
1 / 3
$1,865,000
130-156 Dolson Ave, Middletown, NY 10940
View Listing →
Property summary
AI-generated overview
Middletown Plaza offers a prime retail investment opportunity. This highly visible, 196,818 square foot shopping center boasts 28 suites across four one-story buildings, situated at a signalized intersection with excellent visibility and access to Route 17 and I-84. The property features ample parking (685 spaces) and enjoys a daily traffic count of 13,132 vehicles on Dolson Avenue (Route 17M). Currently, there are 14,000 square feet of vacant space available, with options ranging from 1,000 to 55,000 square feet, including a 2,300 square foot outparcel with a drive-thru. The center benefits from strong co-tenancy with established businesses such as Planet Fitness, Middletown Cinemas, Starbucks (coming soon), and many more. Nearby retailers include ShopRite, Dollar Tree, and numerous national chains. The property's CAM and taxes are $4.25 per square foot. Contact us today to discuss leasing options and pricing. This is a rare opportunity to secure space in a thriving retail center with exceptional visibility and accessibility.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Total area
21,556 SF
Lot
2.7 ac (117,612 SF)
Zoning code
ENT-L
APN
335200 69-1-57.1
UPID
US63-1899775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Martin Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Nexus Health Resources Medical Clinic
-
Saffron Fine Indian Cuisine Restaurant
-
B & B Archery (Bike/Boat/Book/etc) Store
-
Rent-A-Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$1.87M
Owner & transaction history
Middletown Plaza Holdings · 8 yrs held
Middletown Plaza Holdings
since 2018
4 recorded transactions
Zoning & alternative use
ENT-L · Middletown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$69,125
Assessed 2023
Previous assessed
$69,125
+0.0% YoY
Assessed land
$31,600
Assessed improvement
$37,525
Land market value
$217,920
Improvement market value
$258,780
Total market value
$476,700
Applied tax rate
330,900.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1986
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
21,556 SF
Lot
2.7 ac (117,612 SF)
Zoning code
ENT-L
APN
335200 69-1-57.1
UPID
US63-1899775
Jurisdiction
ORANGE
Zoning & alternative use
ENT-L · Middletown, NY
Zoning ENT-L · permitted uses
ENT-L · Middletown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Middletown Plaza Holdings
Entity
Mailing address
22 TOKAY LN, MONSEY, NY 10952-1701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2019
—
Middletown Plaza Holdings LLC
—
Grant Deed
related
$1,603,192 · Pcsb Bk
Jan 9, 2018
$4,025,000
Middletown Plaza Holdings
Csmc 27-c1 Dolson Ave LLC
Deed
$2,900,000 · Pcsb Bk
Sep 11, 2014
$11,556,901
Csmc 2007-c1 Dolson Avenue LLC
Referee Of Orange County
Trustees Deed
—
May 29, 2001
$8,500,000
Playtogs Center Acquisition
Regency Savings Bank
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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