This exceptional 144,000 square foot office/flex building, situated on over six acres in Pleasantville, NY, presents a unique investment opportunity. The three-story building, constructed in 1940 and renovated in 1980, boasts 75 units and is currently 100% vacant, offering immediate potential for redevelopment or repositioning. Located in the C-O Campus Office District, the property features 270 parking spaces, three loading docks, and four dock-high doors. The interior includes a 13-foot ceiling height, poured concrete floors with steel I-beams, and a robust infrastructure including a 950kW backup generator, a 40kW life safety generator, a fully updated Simplex fire alarm system, and a dual domestic water system with two cooling towers and a York 425-ton centrifugal chiller. Further enhancing its appeal are the raised floor, Liebert climate-controlled data center, main distribution frame room with dedicated climate control for 1000 connections, dual feeds for phone, internet, and sprinklers, and six intermediate distribution frame rooms, each with individual climate control. Security is ensured with approximately 40 security cameras, card access, and an intrusion detection system. The property's prime location offers easy access to the Pleasantville Train Station, Sawmill River Parkway, and Taconic State Parkway, and is surrounded by upscale residential communities. Given its proximity to major roadways, downtown Pleasantville, and three major grocery store chains, this property is ideally positioned for a variety of uses, including redevelopment into for-sale townhomes, given the high demand and recent sales of comparable properties in the million-dollar range. The average household income within a three-mile radius exceeds $168,000, and the average home value is $746,591.
Property Features for 1 Campus Dr
General Information
Property type
Flex space
Square Feet
144,000 SF
Lot Size
261,360 SF
Building Details
Year Built/Renovated
1940/1980
Buildings
1
Stories
3
Units
75
HighLights
144,000 SF office/flex building on over six acres in Pleasantville, NY, currently 100% vacant.
Three‑story building (1940 construction, 1980 renovation) with 75 units, located in the C‑O Campus Office District.
270 parking spaces, three loading docks, and four dock‑high doors.
13‑foot ceilings, poured concrete floors with steel I‑beams, and a robust infrastructure including a 950kW backup generator and a 40kW life safety generator.
Liebert climate‑controlled data center, main distribution frame room (MDF) with capacity for 1000 connections, and six climate‑controlled intermediate distribution frame rooms (IDFs).
Fully sprinklered, updated Simplex fire alarm system, dual domestic water system with two cooling towers and a 425‑ton York centrifugal chiller.
Flex space - 144,000 SF Office/Flex, 75 Units, Vacant
Where is this flex space located?
The property is located at 1 Campus Dr Pleasantville, NY.
What are key features of this property?
This property features: 144,000 SF office/flex building on over six acres in Pleasantville, NY, currently 100% vacant.; Three-story building (1940 construction, 1980 renovation) with 75 units, located in the C-O Campus Office District.; 270 parking spaces, three loading docks, and four dock-high doors.
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1 Campus Dr Pleasantville, NY 10570
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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1 Campus Dr Pleasantville, NY 10570
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1 Campus Dr, Pleasantville, NY
John Barrett
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1 Campus Dr, Pleasantville, NY
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1 Campus Dr, Pleasantville, NY
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1 Campus Dr, Pleasantville, NY
John Barrett
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