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3 Chestnut St 20,000 SF 100% Leased Industrial Building Suffern, NY 10901 $3,799,000 ($189.95/SF)
Executive Summary
Finally!!! a 20k+ sq. ft. warehouse in Town, yet situated in the most strategic location, close to all major Highways, minutes from the NJ-17 and NY I-87 at the border of NY/NJ. Two Points of access: Chestnut Street and Wayne Ave. The building has several sections with Approx. ceiling height on the first floor ranging from 10-15 Ft and on the second floor, 8.5 to 13 Ft. Close to 2.5 Sk. ft. of office on the second floor. Cash flow 100%, or occupy some as a user and cash flow the rest. Come and see this great opportunity today
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$312,000
|
$15.60
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$312,000
|
$15.60
|
| Taxes |
$30,500
|
$1.53
|
| Operating Expenses |
$32,000
|
$1.60
|
| Total Expenses |
$62,500
|
$3.13
|
| Net Operating Income |
$249,500
|
$12.48
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $312,000 |
| Annual Per SF | $15.60 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $312,000 |
| Annual Per SF | $15.60 |
| Taxes | |
|---|---|
| Annual | $30,500 |
| Annual Per SF | $1.53 |
| Operating Expenses | |
|---|---|
| Annual | $32,000 |
| Annual Per SF | $1.60 |
| Total Expenses | |
|---|---|
| Annual | $62,500 |
| Annual Per SF | $3.13 |
| Net Operating Income | |
|---|---|
| Annual | $249,500 |
| Annual Per SF | $12.48 |
Property Facts
| Price | $3,799,000 | Rentable Building Area | 20,000 SF |
| Price Per SF | $189.95 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Industrial | Parking Ratio | 0.4/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 0.46 AC | ||
| Zoning | GB - GB | ||
| Price | $3,799,000 |
| Price Per SF | $189.95 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.46 AC |
| Rentable Building Area | 20,000 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | GB - GB |
Amenities
- Signage
- Accent Lighting
- Air Conditioning
Utilities
- Water - City
- Sewer - City
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 392607-054-027-0001-044-000-0000 | Total Assessment | $86,000 (2024) |
| Land Assessment | $6,000 (2024) | Annual Taxes | $30,500 ($1.53/SF) |
| Improvements Assessment | $80,000 (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
392607-054-027-0001-044-000-0000
Land Assessment
$6,000 (2024)
Improvements Assessment
$80,000 (2024)
Total Assessment
$86,000 (2024)
Annual Taxes
$30,500 ($1.53/SF)
Tax Year
2026
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3 Chestnut St
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