Multi-Structure Flex
264 Orange Turnpike, Sloatsburg, NY 10974
Well-maintained flex site with office, workshop, and storage spaces plus on-site parking and MU-1 redevelopment flexibility.
Type:Multifamily, Office
Property size:
1,870 SFLot size:
0.27 AcresPrice / SF:
$427/SF- Added:
- Jun 11, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 20 at 3:34 am
Property Features for 264 Orange Turnpike
General Information
- Standard status
- Active
- Size
- 1,870 SF
- Lot size
- 0.27 Acres
- Property subtype
- Multifamily, Office
Building Details
- Year Built
- 1930
Listing office Howard Hanna Rand Realty
Listing date Jun 11, 2026
Source Crexi
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 Howard Hanna Rand Realty
HighLights
- 1930‑built, well‑maintained property currently used as an electrician’s office
- MU‑1 zoning allows for a wide range of commercial uses or conversion to multifamily residential (3 separate meters present)
- 0.27‑acre lot with multiple structures and over 5,700 sq ft combined
- Includes office, workshop, and storage areas for flexible on‑site use
- On‑site parking plus convenient access to Route 17, the NYS Thruway, and the Sloatsburg train station
- Directly on Orange Turnpike for visibility and easy staff/client access
Overview
264 Orange Turnpike is a well-maintained, multi-structure flex property currently used as an electrician’s office. The site includes functional office, workshop, and storage areas designed to support day-to-day operations, along with on-site parking for staff, clients, or tenants. The property sits on a 0.27-acre lot and totals over 5,700 sq ft combined, providing room to configure the buildings for a variety of commercial needs.
The property is located directly on Orange Turnpike in Sloatsburg and offers convenient access to Route 17, the NYS Thruway, and the Sloatsburg train station. Zoning is identified as MU-1, which provides flexibility for a wide range of commercial uses or a conversion to multifamily residential. The site presently has three separate meters, which may support certain redevelopment or operational setups.
For buyers and tenants, this configuration can fit businesses that need both office and shop/storage space on one campus. It can also appeal to investors or developers evaluating MU-1 mixed-use or multifamily conversion plans, with multiple structures and existing utility separation already in place. Move-in readiness, redevelopment flexibility, and straightforward access make the site practical for operators seeking a single location to run and expand their footprint.
The property is located directly on Orange Turnpike in Sloatsburg and offers convenient access to Route 17, the NYS Thruway, and the Sloatsburg train station. Zoning is identified as MU-1, which provides flexibility for a wide range of commercial uses or a conversion to multifamily residential. The site presently has three separate meters, which may support certain redevelopment or operational setups.
For buyers and tenants, this configuration can fit businesses that need both office and shop/storage space on one campus. It can also appeal to investors or developers evaluating MU-1 mixed-use or multifamily conversion plans, with multiple structures and existing utility separation already in place. Move-in readiness, redevelopment flexibility, and straightforward access make the site practical for operators seeking a single location to run and expand their footprint.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.2k | $45.00 |
| − Vacancy | −$13.0k | −$6.98 |
| EGI | $71.1k | $38.03 |
| − OpEx | −$17.8k | −$9.51 |
| NOI | $53.3k | $28.52 |
1,870 SF · lease $45.00/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$761.9K
$666.6K – $888.8K
NOI $53,330 @ 7.0% cap · market cap 6.67%
Second Best
Flex RnD
$424.0K
$371.0K – $494.7K
NOI $29,683 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$1.24M
$1.08M – $1.44M
NOI $86,548 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Richard Parker Electrical ...
Electrical Service
Location Insight
- Map
- Local Demand
- City
- Sloatsburg
- County
- Rockland
- State
- New York
- Longitude
- -74.187062
- Latitude
- 41.176496
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Well-maintained flex site with office, workshop, and storage spaces plus on-site parking and MU-1 redevelopment flexibility.
Where is this flex space located?
The property is located at 264 Orange Turnpike Sloatsburg, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1930‑built, well‑maintained property currently used as an electrician’s office; MU‑1 zoning allows for a wide range of commercial uses or conversion to multifamily residential (3 separate meters present); 0.27‑acre lot with multiple structures and over 5,700 sq ft combined
