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100 Chestnut Ridge Rd
Montvale, NJ 07645

Price Upon Request

Hotel For Sale  •  116,000 SF

Property Details

  • Property Type Hotel
  • Total Building Size 116,000 SF
  • Lot Size 9.19 AC
  • Building Class B
  • Year Built 1973
  • Zoning OR-2, Montvale Boro
0 Transit Score
50 Walk Score

Highlights

$4.0M ($21,700 per key) renovation completed in 2024 focused on guestrooms, corridors, lobby, and public spaces
Strong post-renovation performance resulting in a TTM February 2026 RevPAR of $109 with clear upside potential
In-place cash flow offering an investor immediate yield
Located in a bustling corporate market anchored by KPMG’s 281,000-square-foot campus
Situated proximate to the North American headquarters of Jaguar Land Rover, Volvo Car USA, BMW of North America, and INEOS
Long-term lease in place with Fire & Oak, a full-service restaurant located on the ground floor

Amenities

  • Fitness Center
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Public Transportation

Commuter RailDriveWalkDistance
Montvale (Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit)) 6 min - 2.9 mi
Pearl River (Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit)) 7 min - 2.9 mi
AirportDriveWalkDistance
Westchester County 42 min - 28.2 mi
LaGuardia 45 min - 28.8 mi
Newark Liberty International 38 min - 29.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 298
Type: Surface
Included in Rent: Yes
Spencer Davidson 212-516-8149 Hunter Hotel Advisors
Spencer Davidson 212-516-8149 Hunter Hotel Advisors