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28 Henry Street #22, Middletown, photo 1
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28 Henry Street #22

$1,795,000

Est. $9,175/mo

Middletown, NY 10940 · Orange County

Status
Active
On site
35 days

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About this home

**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.

Listed with Keller Williams Realty · Peter Berman · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 11:07 PM ET. ©2026 One Key MLS.

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$9,174.95Total / mo

Estimated Monthly Payment

Principal & interest
$8,841.70 (96.4%)
Taxes
$133.25 (1.5%)
Insurance
$200.00 (2.2%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Middletown, NY

Current Listings

New in the last 30 days

77

Sep 2026

Average Price

Active listings

$558,142

Sep 2026

Average Days on Market

Active listings

152 days

Sep 2026

Computed from 326 active OneKey MLS listings in Middletown, NY.

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