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Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Orange Avenue Office Park comprises two office buildings totaling 21,000 square feet and fully occupied by a variety of professional tenants.
- Stable and cash-flowing investment opportunity with a strong tenant mix and an annual NOI of more than $158,000.
- One of three villages that make up the town of Montgomery, Walden is about 20 miles southwest of Poughkeepsie on the banks of the Wallkill River.
- Walden is north of the New York metro with train services to Manhattan and Grand Central Station.
- Affluent realm with the AHI surpassing $111,600, and nearly 30% of the 5-mile residents having attained a bachelor's degree or higher.
- After work, tenants enjoy shopping, dining, and entertainment at Thruway Shopping Center Plaza, Montgomery Towne Square, and Montgomery Plaza.
EXECUTIVE SUMMARY
Attention all commercial investors: Sage Group Realty presents a phenomenal investment opportunity to own two professional office buildings totaling 21,000 square feet on 1.5 acres in the heart of Walden, New York. The buildings are 100% occupied and are in excellent condition. Building 1 is 15,000 square feet with a 10-year lease to a financially strong tenant. Building 2 is a 6,000-square-foot, 100% occupied, multi-tenant building - an excellent investment opportunity for long-term income.
Known for its established location with long-standing tenants, this area features law firms, engineering firms, real estate offices, medical facilities, and other professional services that contribute to the already high traffic count. It also boasts ample parking spaces, with a basement that offers additional square footage. The buildings are bright, clean, and quiet, with large windows that give them an open, modern feel. They have been extremely well-maintained throughout the years, allowing for a seamless transition.
156-158 Orange Avenue is surrounded by shopping options, restaurants, and residential areas, and is just minutes away from major roadways, Amazon, Stewart Airport, and Metro-North. Located near Interstate 84, Interstate 87, and the MTA Stewart International Airport. Reaching the New York metro area is possible via Interstate 87 or by taking the nearby trains. Beacon train station is on the east side of the Hudson River and has trains to Grand Central Station in Manhattan.
Known for its established location with long-standing tenants, this area features law firms, engineering firms, real estate offices, medical facilities, and other professional services that contribute to the already high traffic count. It also boasts ample parking spaces, with a basement that offers additional square footage. The buildings are bright, clean, and quiet, with large windows that give them an open, modern feel. They have been extremely well-maintained throughout the years, allowing for a seamless transition.
156-158 Orange Avenue is surrounded by shopping options, restaurants, and residential areas, and is just minutes away from major roadways, Amazon, Stewart Airport, and Metro-North. Located near Interstate 84, Interstate 87, and the MTA Stewart International Airport. Reaching the New York metro area is possible via Interstate 87 or by taking the nearby trains. Beacon train station is on the east side of the Hudson River and has trains to Grand Central Station in Manhattan.
MATTERPORT 3D TOUR
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Condition | Auction Sale | Number of Properties | 2 |
| Type of Ownership | Fee Simple | Total Building Size | 21,000 SF |
| Sale Type | Investment | Total Land Area | 3.02 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Building Size | 21,000 SF |
| Total Land Area | 3.02 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT |
|---|---|---|---|
| 156-158 Orange Ave, Walden, NY 12586 | Office | 15,000 SF | 1978 |
|
156-158 Orange Ave Bldg 2
156-158 Orange Ave, Walden, NY 12586 |
Office | 6,000 SF | 1978 |
SALE ADVISOR
Eliezer Safdie, Real Estate Agent
Eliezer is an experienced New York residential and commercial real estate agent delivering strategic market insight and seamless transactions for clients across the city. Based out of Monroe, NY, he offers hyper-local expertise with a deep understanding of regional market trends. He is known for his client-first approach, strong negotiation skills in both residential and commercial sectors.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
AUCTION CONTACT
Pace Zambito
Contact
Auctioneer License:
Ten-X, Inc. Vibhav Kapila RE Brkr 10991231490
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Presented by
100% Occupied Office Park | NOI $158,00+
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Presented by
100% Occupied Office Park | NOI $158,00+
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