256 Main StMiddletown, NY 10940

For Sale
$750,000
Prime location, high-income potential.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Middletown, NY property at 256 E Main St offers a unique blend of residential and commercial income streams. The 3,937 square foot, two-story building features four units: one storefront currently leased to a salon, and three additional apartments. The property sits on a ground lease and is classified as mixed-use, multifamily, and retail. The asking price is $750,000. Each residential unit is designed for comfort and functionality, with spacious layouts and ample natural light. The prime location in a bustling area ensures high visibility and foot traffic for the retail space, while residents enjoy easy access to amenities. The existing structure presents a strong income stream, with potential for further upside through additional development (subject to city approval). This represents a versatile investment opportunity with significant potential for growth and return. The property is situated in Orange County, NY, zip code 10940. This is a rare opportunity to acquire a well-located, income-producing property in a thriving New York market.

Highlights

  • Mixed-use building in Middletown, NY (10940) with a $750,000 asking price.
  • 3,937 square foot, two-story building featuring one retail unit (currently leased to a salon) and three apartments.
  • Located on a ground lease in a high-traffic area with strong income potential and upside through potential development (subject to city approval).
  • Offers a blend of residential and commercial income streams in a prime Orange County location.

Property Details for 256 Main St

Property type
Retail properties, Mixed-use properties
Square Feet
3,937 SF
Buildings
1
Stories
2
Units
4

Location Insight

City
Middletown
County
Orange
State
New York
Latitude
41.445860302872
Longitude
-74.408389405331
256 Main St, Middletown, New York

FAQs

What type of property is this?
Retail property - Prime location, high-income potential.
Where is the retail property located?
The property is located at 256 Main St Middletown, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Mixed-use building in Middletown, NY (10940) with a $750,000 asking price.; 3,937 square foot, two-story building featuring one retail unit (currently leased to a salon) and three apartments.; Located on a ground lease in a high-traffic area with strong income potential and upside through potential development (subject to city approval).
How can I contact the broker?
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256 Main St
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