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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Office Spaces
80 Red Schoolhouse Rd 1, Chestnut Ridge, NY 10977-7053
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-4085699
Property summary
AI-generated overview
This exceptional 1,850 square foot executive office space is ideally situated in Chestnut Ridge, Rockland County, New York. The property, located at 80 Red Shoolhouse Road, features a contemporary design with nine sleek cubicles, perfect for a collaborative work environment. Abundant natural light streams in through expansive windows, creating a bright and productive atmosphere. The entire 1,850 square foot space is currently vacant and available for immediate occupancy. The property sits on a 0.05-acre lot and is zoned "PO". The building offers a blend of modern aesthetics and functional design, making it an attractive option for businesses seeking a stylish and efficient workspace. Its convenient location provides easy access to local amenities and transportation options. The property's APN is 392615-063-017-0001-011-000-0700. This is a multi-tenant property, offering a unique opportunity to establish a presence in a desirable Chestnut Ridge location. Don't miss the chance to elevate your business to this sophisticated and productive office environment.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1990
Total area
1,674 SF
Lot
0.05 ac (2,178 SF)
Zoning code
PI
APN
392615 63.17-1-11.-800
UPID
US63-4085699
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Versatile Products and Ingredients Big Box & Wholesale Store
-
Cloth Connection Party Supply Store Rental Equipment Company
-
Barr Legal, PLLC Law Firm
-
Kurtzman Matera, P.C. Law Firm
-
Plaza Pharmacy-Wappingers Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
SCHUMACHER J RANDOLPH & JUSTINE W LVG TRUST
SCHUMACHER J RANDOLPH & JUSTINE W LVG TRUST
Zoning & alternative use
PI · Chestnut Ridge, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chestnut Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chestnut Ridge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$725,000
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$421 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$29,000
Assessed 2023
Previous assessed
$29,000
+0.0% YoY
Assessed land
$10,700
Assessed improvement
$18,300
Land market value
$24,721
Improvement market value
$42,279
Total market value
$67,000
Applied tax rate
392,602.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
1,674 SF
Lot
0.05 ac (2,178 SF)
Zoning code
PI
APN
392615 63.17-1-11.-800
UPID
US63-4085699
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
PI · Chestnut Ridge, NY
Zoning PI · permitted uses
PI · Chestnut Ridge, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chestnut Ridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
SCHUMACHER J RANDOLPH & JUSTINE W LVG TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
709 CRESTWOOD DR, LANCASTER, PA 17602-5109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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