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    Property profile & analytics

    229 Wickham Ave Middletown, NY 10940-3845

    • Turn key restaurants
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Jun 17, 2020
    Location Intelligence
    Property ID
    US63-0631530
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 229 Wickham Ave

    Lot size
    0.26 lot acres
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    330900 12-3-9
    APU
    3309001239

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $245,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $270,000
      Mixed-Use
      $275,000
      Hospitality
      $250,000
      Educational
      $270,000
      Residential Income
      $250,000
      Energy
      $205,000
      Income-Based Land
      $220,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange
    State
    New York
    Longitude
    -74.4044
    Latitude
    41.4538
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $25,200
    $172,500
    $197,700
    -
    $252,000
    $1,725,000
    $1,977,000

    Comparable in this City

    • Value Estimation
      $610,000
      4,350 SF

      463 Rte 211th E

      RESTAURANT • 4,350 SF
      463 Rte 211th E, Middletown, NY 10940-2201
      View Details
    • Value Estimation
      $535,000
      5,031 SF

      415 Rte 211th E

      RESTAURANT • 5,031 SF
      415 Rte 211th E, Middletown, NY 10940
      View Details
    • Value Estimation by Request
      0.14 Acres

      133 Wickham Ave, Unit 1

      RESTAURANT • 0.14 Acres
      133 Wickham Ave, Middletown, NY 10940-3750
      View Details
    • Value Estimation by Request
      0.37 Acres

      8-10 Dolson Ave 138th Academy Ave

      RESTAURANT • 0.37 Acres
      8-10 Dolson Ave 138th Academy Ave, Middletown, NY 10940
      View Details
    • Value Estimation
      $2,985,000
      15,948 SF

      400 Highland Ave Ext

      RESTAURANT • 15,948 SF
      400 Highland Ave Ext, Middletown, NY 10940
      View Details
    • Value Estimation by Request
      7,920 SF

      545 Rte 211th W

      RESTAURANT • 7,920 SF
      545 Rte 211th W, Middletown, NY 10940-7565
      View Details

    Similar Nearby for Sale

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      Middletown Mixed-Use Investment Opportunity

      Renovated mixed-use building with apartments and restaurant in Middletown, NY.
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      1.12 acre retail pad site with utilities in Middletown.
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      Fully operational brewery, restaurant, and entertainment venue for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      5,112 SF

      Prime Retail Pad Sites Available

      Pad sites available in regional power center with high visibility.
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      View Details
    • Contact for pricing
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      Prime Retail Pad Sites Available

      Pad sites available in regional power center with high visibility.
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      View Details
    • $2,600 /Mo
      84,912 SF

      Restaurant/Bar Space in Middletown, NY

      Equipped restaurant space for lease in high-traffic Middletown location.
      247 W Main St, Middletown, NY 10940
      View Details
    • $2,900 /Mo
      3,000 SF

      Prime Retail Space, Middletown, NY

      Highly visible retail space in the heart of Downtown Middletown.
      26 W Main St, Middletown, NY 10940
      View Details
    • $3,000 /Mo
      2,653 SF

      Restaurant/Bar Space in Middletown

      Centrally located restaurant/bar space in vibrant Middletown, NY.
      33 Center St, Middletown, NY 10940
      View Details
    • $2,600 /Mo
      1,750 SF

      Middletown Retail Space Available

      Retail space with great visibility in Middletown, NY.
      139-147 Wickham Ave, Middletown, NY 10940
      View Details

    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      3.0k
    • Avg Time on site
      5 min
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    229 Wickham Ave
    Middletown, NY 10940-3845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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