Mixed-Use Building with Office
For Sale
$524,999
36 Orange Avenue, Walden, NY 12586
Three commercial office units and an upper-level apartment provide separate business and residential components.
Property Size4,473 SF
Price / SF$117.37
Days on Market166
Property Features for 36 Orange Avenue
General Information
Standard status
Active
Size
4,473 SF
Property subtype
Commercial
Zoning
B3
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3 bedroom
Multifamily Units
1
Office Units
3
Individually Metered Utilities
unspecified utilities
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$14,528
Building Details
Building Size
4,473 SF
Buildings
1
Stories
2
Units
4
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Richard Baxter · License #10401254733
(845) 494-4715
Source:
Croninreale
Added: May 12
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
The mixed-use property contains 4,473 square feet, with three commercial office spaces and a three-bedroom apartment on the second floor. Each unit has separate utilities, and the building is served by municipal water and sewer. The property is zoned B3.
In the Village of Walden, the building is near local restaurants and bars, Hannafords shopping center, village parks, and schools. Route 208 and Orange Avenue are nearby, with Interstate 84 and Interstate 87 within a 15-minute drive. The property is in the Valley Central School District.
In the Village of Walden, the building is near local restaurants and bars, Hannafords shopping center, village parks, and schools. Route 208 and Orange Avenue are nearby, with Interstate 84 and Interstate 87 within a 15-minute drive. The property is in the Valley Central School District.
Key Highlights
- 4,473‑square‑foot mixed‑use building
- Three commercial office spaces and a second‑floor three‑bedroom apartment
- Separate utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,949
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,980
$779.0K
Cap Rate 7%
$556,414
$556.4K
Cap Rate 9%
$432,767
$432.8K
Market Conditions
NOI Build-Up for 4,473 SF
Gross rent
$72.5K $16.20/SF
− Vacancy
−$10.1K −$2.27/SF
EGI
$62.3K $13.93/SF
− OpEx
−$23.4K −$5.22/SF
NOI
$38.9K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,980
Cap Rate 7%
$556,414
Cap Rate 9%
$432,767
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.39M
NOI $83,670 @ 7.0% cap · market cap 15.94%
Second Best
Office B
$1.07M
$935.6K – $1.25M
NOI $74,846 @ 7.0% cap · market cap 14.26%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M
NOI $106,047 @ 7.0% cap · market cap 20.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Office units
1
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
434
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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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial office units and an upper-level apartment provide separate business and residential components.
Where is this mixed-use property located?
The property is located at 36 Orange Avenue Walden, NY.
What is the asking price?
The asking price for this property is $524,999.
What are key features of this property?
This property features: 4,473‑square‑foot mixed‑use building; Three commercial office spaces and a second‑floor three‑bedroom apartment; Separate utilities for each unit
