Property profile

275 N Middletown Rd Pearl River, NY 10965

FOR LEASE
Office buildings
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Property ID
US63-0330918
23,366 SF 1.8 ac Built 2000
Last sale Mar 2017·$3,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional turnkey office suite, totaling 500 square feet, is situated within a recently renovated Class B office building in the desirable Pearl River submarket of Rockland County. The property boasts a convenient location just off Route 304 on heavily trafficked North Middletown Road, ensuring high visibility and accessibility. The suite itself is a well-appointed two-room space, perfect for a variety of professional uses, including traditional office, executive office, or medical…

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$1.13M
Assessed land$150k
Assessed improvement$976k

Value estimate

· Nov 2026
$990k
$891k – $1.09M
NOI build-up
Gross scheduled income$1.30M
Vacancy & credit loss−$201k
Operating expenses−$274k
NOI$822k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
$822k 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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.8
Law Firm12.4
Clothing Store12.3

Location

275 N Middletown Rd Pearl River, NY 10965
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file 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
494 Middletown, Pearl River, NY 10965-1249 $475,000 Jun 2025 1,436 SF
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
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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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