Log In/Sign Up
Your email has been sent.
80 Red Schoolhouse Rd
Chestnut Ridge, NY 10977
Office and Industrial Condo Portfolio · Office Property For Sale
·
8,169 SF Total
INVESTMENT HIGHLIGHTS
- Mixed-use portfolio with office and warehouse components in a high-demand business park.
- Current NOI of $100,780 with a proforma cap rate of 7.9%.
- Strategic location near NJ highways and NYS Thruway for regional accessibility.
- Established tenancy with long-term leases and growth potential through vacant suite lease-up.
EXECUTIVE SUMMARY
Located within the prestigious Chestnut Ridge Business Park Condominium Complex, this mixed-use portfolio offers a rare opportunity to acquire four well-positioned units combining office, showroom, and warehouse functionality. The property sits in the Town of Ramapo, minutes from the New Jersey border, providing exceptional connectivity to major highways including the Garden State Parkway and the New York State Thruway. Built in 1980 and zoned Light Industrial (LI), the building spans 8,163 SF on a 0.18-acre lot, featuring two stories and 21 dedicated parking spaces.
The portfolio includes Suites 200 & 300 (leased office/showroom), Suite 1200 (leased warehouse), and Suite 800 (vacant office), offering immediate income with upside potential through lease-up of the vacant space. The Chestnut Ridge Business Park is a well-established commercial hub, attracting a diverse mix of businesses and benefiting from strong regional demographics and proximity to Northern New Jersey and Westchester County.
The portfolio includes Suites 200 & 300 (leased office/showroom), Suite 1200 (leased warehouse), and Suite 800 (vacant office), offering immediate income with upside potential through lease-up of the vacant space. The Chestnut Ridge Business Park is a well-established commercial hub, attracting a diverse mix of businesses and benefiting from strong regional demographics and proximity to Northern New Jersey and Westchester County.
PROPERTY FACTS
| Price / SF | $220.35 / SF | Number of Properties | 3 |
| Cap Rate | 5.60% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,169 SF |
| Status | Active |
| Price / SF | $220.35 / SF |
| Cap Rate | 5.60% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 8,169 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Town House Office Park
80 Red Schoolhouse Rd, 1st Floor - Unit 1200, Chestnut Ridge, NY 10977 |
Industrial Condo | 4,709 SF | 1980 | - |
|
Town House Office Park
80 Red Schoolhouse Rd, 2nd Floor - Unit 200 & 300, Chestnut Ridge, NY 10977 |
Office Condo | 1,800 SF | 1980 | - |
|
Town House Office Park
80 Red Schoolhouse Rd, 1st Floor - Unit 800, Chestnut Ridge, NY 10977 |
Office Condo | 1,660 SF | 1980 | - |
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
