32 S Greenbush Rd - Bell-Ans Assemblage 11.96 Acres of Commercial Land Offered at $15,898,751 CAD in Orangeburg, NY 10962

CBRE has been retained as the exclusive advisor for the fee interest sale of all lands herein being referred to as the Bell-Ans Assemblage located at 2-10 Bell-Ans Park, 32 and 40 South Greenbush Road in Orangetown, New York (the “Property” or the “Site”). The Property benefited from a partial street vacation adding approximately .65 acres of land previously part of South Greenbush Road. Commonly known as Section 74.01 Block 1, Lots 17, 17.1, 18, and 8 by the Town of Orangetown tax records.
The offering consists of four municipal tax lots totaling approximately 11.96 acres of mostly level land with six (6) single-family dwellings and six (6) industrial buildings used as offices, art studios, light industrial space, and the adaptive re-use of the former horse stables to individual self-storage bays.
The Request for Offers (“RFO”) contemplates the sale of all lands, structures, and onsite improvements supporting the buildings and nearly 12 acres of land located close to the intersection of Route 303 and South Greenbush Road in Orangetown, NY. All offers are required to provide for the preservation of an original Circa 1778 single-family dwelling on the Northwest corner of the property at the intersection of South Greenbush Road and Nice Pak Lane being preserved in perpetuity.
The offering represents an opportunity for a user, investor, and/or developer to purchase the income producing assemblage of approximately 45,000 SF of improvements, to be redeveloped or further modified and utilized as configured today. The area provides access to a highly skilled labor pool, with a site offering flexibility of existing Light Industrial Office (LIO) zoning and the benefit of the Route 303 Overlay Zoning District. The existing office, residential, and warehouse space are pre-existing uses leased on a month-to-month basis. Ample utility services are on site to expand the existing uses or nearby to redevelop or reposition as a state-of-the-art lab, research, corporate office, manufacturing/warehousing, data center, or a mix of uses including residential development. Any change in use will require municipal and other governmental approvals which are not guaranteed.
Details of the Request for Offers are outlined within the RFO section of the offering memorandum and are intended to allow the prospective purchaser flexibility in structuring and presenting their offer, while ensuring ownership has a purchaser that will be a welcomed addition to the community and provide certainty of closing in either a “Contingent Upon Approvals” sale or on an “As Is” and “Where Is” quick close basis.
For additional information please visit the property's website at www.BellAnsAssemblageNY.com. Please note - access to the site is strictly BY APPOINTMENT ONLY.