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Two Walden Office Buildings
For Sale
$1,750,000

156-158 Orange Avenue, Walden, NY 12586

Two professional office buildings in the heart of Walden, NY.

Property Size21,000 SF
Lot Size1.50 Acres
Price / SF$83.33
Days on Market534

Property Features for 156-158 Orange Avenue

General Information

Standard status Active
Size 21,000 SF
Lot size 1.50 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $57,115

Amenities

Central air
Central Air Cooling
Forced Air Heating
Listing Agency: SAGE REALTY CENTER LLC
Listed By: ELIEZER SAFDIE · License #10401333676
Source: Corcoran
Added: Feb 23, 2025 Changed: Aug 9 Last Checked: Aug 9 at 10:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAGE REALTY CENTER LLC

Investment Insights

Based on property information with market context.

This investment opportunity features two professional office buildings totaling 21,000 square feet on 1.50 acres in Walden, New York. The property is an established location with long-standing tenants, including law firms, engineering firms, real estate offices, medical offices, and other professional services. The buildings are described as bright, clean, and quiet, with large windows providing an open, modern feel. They have been well-maintained. The property includes ample parking and a basement that offers additional square footage. It is surrounded by shopping options, restaurants, and residential areas, and is located minutes from major roadways, Amazon, Stewart Airport, and Metro North. The buildings are 100% leased and show a pro forma of $252,622, representing a 9.61+% cap rate. Significant upside potential is available.

Key Highlights

  • Two professional office buildings totaling 21,000 SF on 1.50 acres.
  • 100% leased with established tenants (law firms, engineering, real estate, medical, etc.).
  • Pro forma of $252,622 (9.61+ cap).

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Spa & Massage Center Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Storage Facility

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

137
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two professional office buildings in the heart of Walden, NY.
Where is this office building located?
The property is located at 156-158 Orange Avenue Walden, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two professional office buildings totaling 21,000 SF on 1.50 acres.; 100% leased with established tenants (law firms, engineering, real estate, medical, etc.).; Pro forma of $252,622 (9.61+ cap).
More about this property
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