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Also sold as a portfolio. This is one of 3 facilities on the same lease and guaranty.See the Hudson Valley NNN Commercial Portfolio →
For SaleIndustrialMLS KEY988366

31-59 Peach Place

Middletown, NY · Orange County
Building
3,864 SF
Site
0.96 acres
Price / SF
$194
Going-in cap
7.00%
NOI
$54,906
Year built
1998
Zoning
SR-3B
Stories
1

The offering

Purpose-built ambulance facility delivered in 1998, projecting $54,906 in Year 1 NOI under the First Renewal Term running through June 2029, with one additional 3-year option through June 2032. Single-tenant NNN with CPI-or-3% escalators. The First Renewal Term was executed in June 2026 under identical terms, with the corporate guaranty expressly extended. Available as a standalone acquisition or as part of a three-property portfolio.

Building & site

Interest conveyedFee simple
Gross building area3,864 SF
Building typeIndustrial
Property typeIndustrial
Year built1998
Stories1
Land area0.96 acres
Land area, SF41,817 SF
WaterPublic
SewerPublic Sewer
HeatForced Air
Tax parcel33090054-2-43.1
Drive-in / grade-level doors3
Usable area3,864 SF
Number of buildings1
Electric utilityOrange & Rockland
Distance to train12 mi

Zoning & permitted uses

District
SR-3B

Multiple-Residence Low-Density

As of right
Single-family homesHome occupationsPrivate garages / parkingSheds & poolsFencesAntennas under 15'

Places of worship · Schools & colleges · Utility buildings / substations · Adult care & hospitals · Charitable institutions · Apartments (3+ units) · Townhouses & row housing · Duplexes & fourplexes · Condominiums

Permitted uses are governed by the Middletown zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Income & tenancy

Gross income (as reported)
$54,906
Going-in cap
7.00%

Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Location, access & trade area

Trade area
Measure
Middletown
Orange County
Population
30,289
411,767
Daytime population
27,638
392,941
Population density
6,041 / sq mi
507 / sq mi
Households
9,970
141,127
Median household income
$79,346
$95,298
Mean travel time to work
36 min
35 min
Median home value
$308,600
$426,900
Median gross rent
$1,661
$1,753
Unemployment (May 2026)
4.0%
Not stated
School districts
Middletown, Minisink Valley
ZIP codes
10940

Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.

Taxes & assessment

2025 taxes$20,391
Assessed value$73,400
Land assessment$10,000
Full market value$780,900
Owner of recordMobile Life Support Svcs
School districtMiddletown
Property class640 · Truck garage

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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