15 Matthews Street
Goshen, NY, 10924 $ 4,000,000
Bedrooms-- Baths-- Sq 42,210 Monthly Estimate*
$ 24,955
for $4,000,000. This 42,210 square foot building was built in 1988 on a lot size of 2.4.
15 Matthews Street | Goshen, NY 10924 Multi-Tenant Office & Flex Building | ±41,210 SF | Asking $4,000,000 | Pro Forma ±12.6% Cap Rate An exceptional opportunity to acquire a substantial multi-tenant office and flex property in the heart of Goshen, New York. This impressive ±41,210-square-foot building features a diverse mix of professional, medical, and creative tenants, along with several vacancies that present a clear path to increased revenue and long-term value growth. The property is well-suited for an investor seeking a project that offers meaningful upside and the ability to maximize returns through targeted leasing and strategic management. The building currently generates approximately $420,000 in gross annual income, with a pro forma potential gross exceeding $848,000 upon full lease-up, supporting an approximate 12.6% pro forma capitalization rate at the $4,000,000 asking price. Flexible floor layouts and ample on-site parking, as well as a loading dock, make the property attractive to a wide variety of tenants, from healthcare providers to office users and creative firms. Positioned in the Village of Goshen, this asset enjoys excellent connectivity to Route 17/I-86 and the Orange County Government Center, placing it at the heart of one of the Hudson Valley’s most active commercial corridors. The surrounding area continues to grow as professionals and residents are drawn to its accessibility, local charm, and expanding business base. Within walking distance of restaurants, shops, and civic buildings, the location supports strong tenant retention and steady leasing demand. 15 Matthews Street represents an outstanding investment in a growing market—offering scale, income diversity, and clear upside potential for an investor ready to enhance performance and capitalize on Goshen’s ongoing growth.
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FeaturesGeneralSewer Other
Heating Electric
Cooling Electric
Utilities Electricity Available
Construction Materials Brick Stucco
Year Built 1988
Stories Count 4
Property Subtype Office
Tax Year 2025
Parcel Number 333001-119-000-0001-003.000-0000
Business Type Professional/Office
County Orange County
Property Type Commercial Sale
City Goshen
Property Attached Y/N N
Tax Annual Amount 83634.66
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 1240000
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ExteriorWater Source Other
Building Area Total 42210
Waterfront Y/N N
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* Excluded FeaturesList ByJason HorowitzListing Agent
Triforce Commercial Re LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $24,955
- Monthly Property Taxes
- $6,970
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Goshen, NY
Average List Price $2,242,600
Percent of Sale Price 44%
About Goshen, NY 14,076 Population
9% Since 2002
$ 91,442 Median Income
43.83 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/18/2025 | $4,000,000 | -20.56% | Price Down |
| 11/4/2025 | $5,035,545 | | Listed Price |