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$499,000
1 Day On Site

2-4 Albert Street
Middletown, NY 10940

For Sale|Office|Active
0
Beds
0
Total Baths
2,884
SqFt
$173
/SqFt
1900
Built
County:
Orange
Listing courtesy of Keller Williams Realty peteberman@kwcommercial.com
Call Now: 914-372-1404
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914-372-1404
2-4 Albert Street2-4 Albert Street2-4 Albert Street2-4 Albert Street
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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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Listing Snapshot
Price 
$499,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
2,884 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.275 Acres
Year Built 
1900
MLS Number 
1067444
Status 
Active
Property Tax 
$12,009
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Acres 
0.275
Cross Street 
Wickham Avenue
Parking 
Parking Lot
Property Sub Type 
Office
Sewer 
Public Sewer
SqFt Total 
2884
Utilities 
Natural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
Crawl SpaceFullStorage SpaceUnfinished
Cooling 
Central AirWall/Window Unit(s)Zoned
Heating 
Forced Air
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Exterior Features
Construction Details 
Frame
Community Features
School District 
Middletown
Schools
School District
Middletown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty peteberman@kwcommercial.com


Based on information submitted to the MLS GRID as of 2026-11-04 02:54 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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