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2-4 Albert Street Middletown, NY $ 499,000
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$ 499,000 Get more info
2-4 Albert Street
$ 499,000
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Share Save

2-4 Albert Street

Middletown, NY, 10940
$ 499,000
Bedrooms-- Baths-- Sq 2,884

Monthly Estimate*

$ 3,446

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Commercial Property for sale in Middletown, NY

for $499,000. This 2,884 square foot building was built in 1900 on a lot size of 0.275.

Single-tenant dental office investment at the corner of Albert Street and Wickham Avenue in Middletown. Great investment opportunity, own the RE and let the tenant pay down your investment. This freestanding, approximately 2,884 SF building occupies a 0.275-acre lot with dedicated on-site parking. Mondovi Dental, has occupied the property since 2016. The gross lease runs through August 31, 2029, with approximately 2% annual rent increases and two additional three-year renewal options. At $499,000, the offering reflects a projected 8.11% cap rate based on $40,474 pro-forma NOI, including estimated expenses. Real estate only: the dental practice, equipment and goodwill are excluded as they belong to the teant, and the tenant remains in place. Building area is per public records; buyers should verify measurements, lease terms and financials.

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Commercial Coming Soon

Price

$ 499,000

Property Type

Commercial

Taxes

$ 12,009

Style

Office

Lot Size

0.275

Year Built

1900

Town/City

Middletown

County/Region

Orange

MLS | Web ID

1067444
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Ductwork Wall/Window Unit(s) Zoned
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Private Water Connected
Zoning C-1A
Construction Materials Frame
Exclusions Dental practice patient records equipment trade fixtures and goodwill.
Year Built 1900
Electric 200+ Amp Service
Property Subtype Office
Tax Year 2026
Parcel Number 330900-027-000-0006-028.200-0000
Business Type Medical
County Orange County
Operating Expense 23014
Property Type Commercial Sale
City Middletown
High School District Middletown
Property Attached Y/N N
Tax Annual Amount 12009
Building Area Units Square Feet
Standard Status Coming Soon
Middle/Junior School District Middletown
Elementary School District Middletown
Tax Lot 28.2
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Interior
Basement Crawl Space Full Storage Space Unfinished
Basement Features Crawl Space Full Storage Space Unfinished
Basement (Y/N) Y
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Exterior
Parking Features Parking Lot Parking Lot
Water Source Public
Building Area Total 2884
Waterfront Y/N N
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Peter Berman

Listing Agent

Keller Williams Realty

Broker

845-928-8000

Contact

Affordability Calculator

$4,447
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
$1,001
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4099806 Elementary School
4099536 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/1/2026$499,000 Listed Price

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2-4 Albert Street, Middletown, NY, 10940 is a Commercial Property for sale at $499,000 with 2,884 sqft and a lot size of 0.275. 2-4 Albert Street was built in 1900. The property's zip code is 10940 which is in Middletown, NY

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