Flex Space With
For Sale
$1,750,000
80 RED SCHOOLHOUSE RD, Spring Valley, NY 10977
Bundled three-unit condominium property with office, showroom, warehouse, and dedicated parking areas.
Property Size8,309 SF
Price / SF$210.61
Days on Market206
Property Features for 80 RED SCHOOLHOUSE RD
General Information
Standard status
Active
Size
8,309 SF
Property subtype
Industrial
Warehouse & Industrial
Dock-High Doors
1
Cold Storage
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$34,768
Amenities
Central Air
3
Parking.
21 Parking Spaces. Lot.
Level
Level.
Building Details
Year Built
1980
Listing Agency:
(845) 642-3355
Listed By:
Rand Commercial
(845) 642-3355
Source:
Xome
Added: Jan 12
Changed: Aug 2
Last Checked: Aug 5 at 4:48AM
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 Rand Commercial
Investment Insights
Based on property information with market context.
This 8,309-square-foot flex property consists of three separate condominium units offered together. The improvements combine warehouse, office, and showroom areas, with a walk-in cooler, one overhead loading dock door, industrial steel shelving, central air, and a private full bath plus two additional restrooms. The property was built in 1980 and includes 21 parking spaces on a level lot.
Located in Chestnut Ridge Business Park Condo Complex in Spring Valley, the property is positioned minutes from New Jersey highways and the NYS Thruway. The bundled configuration provides a combination of work, storage, display, and office areas within one commercial condominium offering.
Located in Chestnut Ridge Business Park Condo Complex in Spring Valley, the property is positioned minutes from New Jersey highways and the NYS Thruway. The bundled configuration provides a combination of work, storage, display, and office areas within one commercial condominium offering.
Key Highlights
- Three separate units offered together as one bundle
- 8,309 SF of warehouse, office, and showroom space
- One overhead loading dock door and walk‑in cooler
Financial Insights For Flex RnD
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 | $219.4k | $26.40 |
| − Vacancy | −$16.5k | −$1.98 |
| EGI | $202.9k | $24.42 |
| − OpEx | −$71.0k | −$8.55 |
| NOI | $131.9k | $15.87 |
8,309 SF · lease $26.40/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$3.39M
$2.96M – $3.95M
NOI $236,962 @ 7.0% cap · market cap 13.54%
Second Best
Flex RnD
$1.88M
$1.65M – $2.20M
NOI $131,889 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$5.49M
$4.81M – $6.41M
NOI $384,561 @ 7.0% cap · market cap 21.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10977, NY
71,049
Population
17,339
Households
4.1
Avg Household Size
24
Median Age
23%
College-Educated
77%
High-School Grad
11.3 sq mi
ZIP Area
6,288
Density / Sq Mi
$77,724
Median Household Income
$33,129
Median Earnings
$1,711
Median Rent
$602,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Bundled three-unit condominium property with office, showroom, warehouse, and dedicated parking areas.
Where is this flex space located?
The property is located at 80 RED SCHOOLHOUSE RD Spring Valley, 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: Three separate units offered together as one bundle; 8,309 SF of warehouse, office, and showroom space; One overhead loading dock door and walk‑in cooler
