40 Commercial Ave, Middletown, NY 10941-1444
- Manufacturing properties
- 48,903 SF
- 6.20 lot acres
Current Use by Public Records
- RIJ Pharmaceutical Corporation / Factory / Production Facility
Property Details for 40 Commercial Ave
- Year built
- 1979
- Lot size
- 6.20 lot acres
- Zone code
- ENT-L
- Property type
- Manufacturing properties
- APN
- 335200 41-1-74.61
- APU
- 3352004117461
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 31, 2019 | $4,400,000 | 40 Commercial LLC | Amj Capital LLC | Grant Deed | $663k · Flushing Bk |
| May 31, 2019 | — | 40 Commercial LLC | — | Deed · related | $3M · Flushing Bk |
| Jul 12, 2017 | $3,350,000 | Amj Capital LLC | Brij Corp | Grant Deed · related | $2.5M · City Nat'l Bk |
| May 4, 2012 | — | Brij Corp | — | Deed Of Trust · related | $1.5M · Td Bank NA |
| — | — | 40 Commercial LLC | — | Loan Modification · related | $3M · Flushing Bk |
Description
This exceptional 52,000-square-foot industrial property in Middletown, NY, offers a versatile space ideal for various manufacturing and warehouse operations. Currently configured for multiple tenants, a 24,000-square-foot space is immediately available for lease. The building, constructed in 1975, features 27-foot ceilings in the main production area, providing ample vertical space. Two of four enclosed loading docks, situated within a heated truck bay, are dedicated to this space. The property boasts a comprehensive wet sprinkler system for fire safety and a large paved parking lot accommodating approximately 70 vehicles. The space includes office areas and laboratories, all within the 24,000 square foot minimum divisible area. Previously utilized for pharmaceutical manufacturing, this facility is well-suited for food manufacturing, packaging, or other high-tech industries. Utilities include municipal water and sewer, high-volume natural gas service for heating and hot water, and 1200 amps of power. The property sits on 6.2 acres of land and is zoned Ent L. The landlord is open to dividing the space further to accommodate specific tenant needs. Tenant is responsible for a pro-rata share of property taxes and utilities. This is a rare opportunity to secure a well-maintained, strategically located industrial space in Orange County. The APN is 41-1-74.61.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $910,000
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Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange
- State
- New York
- Longitude
- -74.3505
- Latitude
- 41.4648
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
