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19 Dewitt St
Middletown, NY 10940
Office Property For Sale


Executive Summary
19 DeWitt Street is a mixed-use building in Middletown, NY: ground-floor offices around a shared foyer plus a second-floor apartment. Two office suites and the apartment are leased, with more office space available, so a buyer steps into in-place income with room to lease up. The ground floor is flexible and can be reconfigured for one tenant or several. Located in an established neighborhood near a school, the property also carries potential for residential conversion, subject to Town of Middletown approval.
Income in place: two ground-floor offices and a second-floor apartment leased, three active income streams at closing.
Flexible ground floor: offices open off a shared central foyer and can be reconfigured to suit tenant needs, supporting single- or multi-tenant occupancy.
Lease-up potential: office space available for immediate occupancy, plus the west wing available October 1, giving a buyer room to add income or occupy space as an owner-user.
Zoning and reuse: zoned R-1 residential, in a residential neighborhood near a school. Alongside its current office use, the property offers potential for residential conversion, subject to Town of Middletown approval.
Location: Middletown, in Orange County's Hudson Valley market, about 2.7 miles from the Middletown train station and 20 miles from Stewart International Airport.
Income in place: two ground-floor offices and a second-floor apartment leased, three active income streams at closing.
Flexible ground floor: offices open off a shared central foyer and can be reconfigured to suit tenant needs, supporting single- or multi-tenant occupancy.
Lease-up potential: office space available for immediate occupancy, plus the west wing available October 1, giving a buyer room to add income or occupy space as an owner-user.
Zoning and reuse: zoned R-1 residential, in a residential neighborhood near a school. Alongside its current office use, the property offers potential for residential conversion, subject to Town of Middletown approval.
Location: Middletown, in Orange County's Hudson Valley market, about 2.7 miles from the Middletown train station and 20 miles from Stewart International Airport.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,675 SF
Building Class
C
Year Built
1950
Price
$439,000
Price Per SF
$119.46
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,838 SF
Building FAR
0.21
Lot Size
0.40 AC
Zoning
R-1
Parking
14 Spaces (3.81 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 330900-027-000-0008-001.100-0000 | Improvements Assessment | $29,800 |
| Land Assessment | $15,400 | Total Assessment | $45,200 |
Property Taxes
Parcel Number
330900-027-000-0008-001.100-0000
Land Assessment
$15,400
Improvements Assessment
$29,800
Total Assessment
$45,200
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