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Property profile & analytics

1 Main St Walden, NY 12586

  • Investment properties
  • 3,750 SF
  • 0.03 lot acres
Value Estimation
Location Intelligence
Property ID
US63-5920545
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Giuseppe's / Italian Restaurant / Delivery Restaurant

Property Details for 1 Main St

Year built
1965
Lot size
0.03 lot acres
Property size
3,750 SF
Zone code
B3
Property type
Investment properties
Property subtype
Live-work space
APN
334205 309-8-7
APU
33420530987

Description

This exceptional mixed-use property in Walden, NY, presents a lucrative investment opportunity. Located at 1 Main St, this three-story building boasts 3,750 square feet and comprises a former pizzeria restaurant and three residential apartments, currently housing four tenants under a modified lease. The property offers a compelling blend of commercial and residential income streams, providing a strong foundation for a solid return on investment. The asking price is $749,900, translating to $199.97 per square foot. The pro-forma net operating income (NOI) is calculated at $58,664, yielding a 7.82% capitalization rate. Recent updates include a new roof and hot water tank (2020), minimizing immediate maintenance concerns. Situated in the heart of Walden, this property benefits from its proximity to popular attractions such as Angry Orchard and Wooster Grove Park. The town's strategic location and upcoming dinosaur theme park promise continued growth and potential for increased property value. This turnkey operation is ready for a new owner to capitalize on its existing income and further develop its potential. The property features one building with four units and is situated in Orange County, NY, zip code 12586. This is a rare chance to acquire a well-maintained, income-generating property in a vibrant and growing community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Walden
County
Orange
State
New York
Longitude
-74.1873
Latitude
41.5605
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$18,000
$104,000
$122,000
-
$42,861
$247,639
$290,500
More about this property
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