$3.5 Million Land Sale in Chestnut Ridge
by Rockland Daily Staff
Two parcels in Chestnut Ridge, formerly Sgobbo’s Rockland Gardens, have sold for $3.5 million to 757 Acquisitions LLC.
The properties combined are 8.88 acres total and are comprised mostly of undeveloped land. They are located at 755 and 759 Chestnut Ridge Road and are zoned R-40. This zoning allows for residential and other uses with additional density by a special permit by either the Town Board or the Planning Board.
According to the Rockland County Business Journal (RCBJ), 757 Acquisitions LLC of Montvale, NJ, purchased the properties.
RCBJ relayed that Joseph Brachfeld manages 757 Acquisitions and other LLCs owned or affiliated with The Monsey Marketplace, the Arcadian Group, and other companies.
The former garden center building remains on the first parcel of almost 3 acres, and the rear 6-acre parcel has a pond and wetlands.
Time will tell what is in store for these newly purchased parcels.
Photo Credit: Google Maps