Property profile

80 Red Schoolhouse Rd 1 Chestnut Ridge, NY 10977

OFF-MARKET
Office Spaces
Property ID
US63-4085699
1,674 SF 0.05 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Party Supply Store Rental Equipment Company
  • Law Firm
  • Law Firm
  • Pharmacy

Location

80 Red Schoolhouse Rd, Unit 1 Chestnut Ridge, NY 10977-7053
Chestnut Ridge metro Census 12503 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

PI · Chestnut Ridge, NY
Zoning description

The purpose of this district is for Industrial uses, which may include the manufacturing, fabrication, processing, converting, altering, assembling, testing or other handling of products

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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