About This Home

This 0-bedroom, 0-bathroom commercial at 28 Henry Street #22 in Middletown, NY is listed for $1,795,000. on a 0.14 acres lot.

Key Features

  • 0.14 acre lot
  • 4 stories

Property Details

4 stories
#22

Amenities

A/C
Listing Description

**Exceptional Mixed-Use Investment & Redevelopment Asset in Downtown Middletown!** Tailored specifically for vision-driven developers, value-add real estate investors, and expanding commercial operators, this versatile multi-level property offers the rare combination of immediate cash flow and substantial long-term growth potential.

The project pairs an established ground-floor restaurant tenant-delivering steady, in-place revenue from Day 1-with expansive multi-floor operational space including a main-level industrial production zone, a full basement, and dedicated lift access ideal for food manufacturing, warehousing, or light distribution.

For residential developers, the clear value proposition lies overhead: convert the underutilized upper stories into high-demand residential units or urban lofts within a hungry rental market. Adjacent to a high-capacity municipal lot for effortless parking and loading, the building sits prime in Middletown's Downtown Mixed-Use (DMU) Zone.

Investors benefit from a highly business-supportive municipality featuring streamlined approval channels, local Industrial Development Agency (IDA) tax incentives, and active Business Improvement District (BID) support. A truly dynamic asset offering built-in income, operational scale, and premier development upside in Orange County.

Qualified buyers are encouraged to reach out to arrange a private viewing and review complete property details. Note: This was the former home of Equilibrium Brewery they outgrew this location and moved to 2 South St, Middletown, NY.

Monthly Cost Estimate

$9,600/mo

20% down · 6.5% · 30 years

Principal$1,298
Interest$7,778
Insurance$524

Estimates only. Actual payments may vary.

Location

28 Henry Street #22

Middletown, NY 10940

Property Details

Construction

Brick

Parking

Parking Lot

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 28 Henry Street is listed at $1,795,000. The estimated monthly payment is $9,600 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.14 acre lot, 4 stories.

This property is listed by Peter Berman.

PB

Peter Berman

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (845) 928-8000 · Broker website

MLS# 1035967· Source: OneKey MLS· 80 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

28 Henry Street #22, Middletown, NY 10940

Open this listing in: