Building Details

Building Size 10,100 SF

Year Built 1965

Stories 2

Units 2

Listing Agency: Howard Hanna Rand Realty m***@gmail.com Show Phone

Listed By: Mark J Tierney Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:18PM

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Investment Insights

Based on property information with market context.

This well-maintained property in Village Square generates $7000 per month in income from two rental units, with tenants responsible for utilities. The building features a long-time music school on two levels, situated across from the Village Hall. The first floor includes a sprawling lobby leading to 10 instruction rooms and a half bath. The second level offers a 65-seat performance area, a mini-cafe, two powder rooms, and seven larger instruction rooms. The property has two separate furnaces. An attached cafe, leased separately for breakfast and lunch, contributes $1500 per month in rent, in addition to covering its own utilities. Zoned B-3, the property offers various options for use, including offices, dental or medical facilities, tutorial services, counseling centers, performing arts venues, or a museum. Large municipal parking lots are located next door.

Key Highlights

• Income property generating $7000/month from 2 rents.
• Tenants pay utilities.
• Attached leased Cafe' pays $1500/month rent.

Property Analytics

Property Profile

Current Use

New York School ... Vocational School

Suggested Use

Top Pick Spa & Massage Center HVAC Service Electrical Service Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

430

Businesses Nearby

Explore this area Business Placement

Demographics for 12586, NY

13,087

Population

4,711

Households

2.8

Avg Household Size

39

Median Age

27%

College-Educated

87%

High-School Grad

23.8 sq mi

ZIP Area

550

Density / Sq Mi

$94,107

Median Household Income

$47,188

Median Earnings

$1,576

Median Rent

$335,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

School - Income-generating property with multiple rental opportunities in Village Square.

Where is this school located?

The property is located at 42 Orchard St Walden, NY.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Income property generating $7000/month from 2 rents.; Tenants pay utilities.; Attached leased Cafe' pays $1500/month rent.