Entity Owned Property summary
A 2,600-square-foot restaurant space in Middletown, New York, situated on a 1.9493-acre lot on West Main Street. The facility was previously operated as a restaurant and is configured with equipment and improvements typically suited for restaurant and bar use, including hot pot concepts. The site is positioned along West Main Street with road frontage and is located near the highway and Northern Academy, in Orange County, New York.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
All boardinghouses are prohibited in C-1, C-2, C-3, C-3A and Industrial Districts, excepting, however, that this subsection shall not apply to any boardinghouse which either: (a) Has been operated continuously as a board…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
C-3A · Middletown, NYAll boardinghouses are prohibited in C-1, C-2, C-3, C-3A and Industrial Districts, excepting, however, that this subsection shall not apply to any boardinghouse which either: (a) Has been operated continuously as a board…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
All boardinghouses are prohibited in C-1, C-2, C-3, C-3A and Industrial Districts, excepting, however, that this subsection shall not apply to any boardinghouse which either: (a) Has been operated continuously as a board…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3A in Middletown, NY.
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