410 E Main St, Middletown, NY 10940
For Sale
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This exceptional investment opportunity presents a 100% occupied office building ideally situated on the high-traffic E Main St/Crystal Run corridor in Middletown, NY. The property, encompassing a 0.26-acre corner lot, boasts a prime location with a private parking lot situated behind the building. Currently configured as a sale-leaseback, the seller, an established law firm occupying the first floor, intends to remain a tenant. The second floor is fully leased to two new tenants. Tenant 1 contributes $1,100 per month, and Tenant 2 pays $1,400 per month, both responsible for their respective utilities and cleaning. The building is in excellent condition, reflecting recent upgrades including brand new air conditioning units, a fresh coat of paint, and a newly resurfaced parking lot. There is no deferred maintenance. A full basement provides ample storage, currently used for file storage. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property with strong, existing rental income and a long-term tenant in place. The property's location and condition make it an attractive investment for discerning buyers. The asking price is $1,400,000.
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Ouimette Goldstein & Andrews: Lahey Paul A Law Firm
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Adams Edie A Law Firm
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Ronald S Kossar Law Office Law Firm
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Panchyshyn Eva M Law Firm
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Ouimette Goldstein & Andrews: Dauerer Louis M Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Middletown, NYMiddletown. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.