2-4 Albert StreetMiddletown, NY 10940




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Enter an interest rate to see your estimated monthly payment.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.
| 5 hours ago | Listing first seen on site | |
| yesterday | Listing updated with changes from the MLS |
Based on information submitted to the MLS GRID as of 2026-11-03 12:15 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.
Azure Vue Realty Group LLC – New York Location
Real Estate Corp Lic# 10991241538
231 McNamara Rd, Spring Valley NY 10977
914-522-0232
Broker of Record
John Scardino Jr: Lic#10491213691
New York Real Estate Sales
Simon Zarour: Lic#10401396686
Azure Vue Realty Group LLC – Florida Location
Real Estate Corp Lic# CQ1073236
20200 West Dixie Highway Suite 902 Aventura, FL, 33180
786-535-8574
Broker of Record
John Scardino Jr: Lic#BK3639696
Florida Real Estate Sales
Simon Zarour: Lic#SL3626957
John Scardino Jr – NMLS# 261624-MLO
Simon Zarour – NMLS# 2684220-MLO
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