15 Matthews Street, Goshen, NY, 10924 | $4,000,000

15 Matthews Street | Goshen, NY 10924 Multi-Tenant Office & Flex Building | ±41, 210 SF | Asking $4, 000, 000 | Pro Forma ±12. 6% Cap Rate An exceptional opportunity to acquire a substantial multi-tenant office and flex property in the heart of Goshen, New York. This impressive ±41, 210-square-foot building features a diverse mix of professional, medical, and creative tenants, along with several vacancies that present a clear path to increased revenue and long-term value growth. The property is well-suited for an investor seeking a project that offers meaningful upside and the ability to maximize returns through targeted leasing and strategic management. The building currently generates approximately $420, 000 in gross annual income, with a pro forma potential gross exceeding $848, 000 upon full lease-up, supporting an approximate 12. 6% pro forma capitalization rate at the $4, 000, 000 asking price. Flexible floor layouts and ample on-site parking, as well as a loading dock, make the property attractive to a wide variety of tenants, from healthcare providers to office users and creative firms. Positioned in the Village of Goshen, this asset enjoys excellent connectivity to Route 17/I-86 and the Orange County Government Center, placing it at the heart of one of the Hudson Valley’s most active commercial corridors. The surrounding area continues to grow as professionals and residents are drawn to its accessibility, local charm, and expanding business base. Within walking distance of restaurants, shops, and civic buildings, the location supports strong tenant retention and steady leasing demand. 15 Matthews Street represents an outstanding investment in a growing market—offering scale, income diversity, and clear upside potential for an investor ready to enhance performance and capitalize on Goshen’s ongoing growth.

Features

  • Property Type: Office
  • Construction: Brick, Stucco
  • Utilities: Electricity Available
  • Heating: Electric
  • Cooling: Electric
  • Year Built: 1988
  • Acreage: 2.4
  • Est. Taxes: $83,635
  • MLS#: 932128
  • Days on Market: 164 days
  • Website: https://www.raveis.com
    /prop/932128/15matthewsstreet_goshen_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Triforce Commercial RE LLC   Phone: 845-450-6500

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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516.739.7731

Ryan.Fortier@raveis.com

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15 Matthews Street, Goshen, NY, 10924

$4,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,200,000 $3,200,000 $3,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $6,970 $6,970 $6,970
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,671 $19,186 $26,573
Total Monthly Payment $24,766 $26,281 $33,668

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.