1 Starr Ridge RdBrewster, NY 10509

  • Retail space
  • 16,000 SF
For Lease
$16/SF/YR View listing

Property Details for 1 Starr Ridge Rd

Year built
2018
Lot size
3.12 AC
Property size (Sq ft)
16,000 SF
Zone code
SR 6
Property type
Retail space
APN
373089 68.-2-2
APU
3730896822

Description

This exceptional opportunity presents 2,000-2,100 square feet of newly constructed medical office space at 1 Starr Ridge Rd, Brewster, NY 10509. Located in a vibrant retail center, this space is part of a larger 16,000 square foot building featuring a Dunkin' Donuts with a drive-thru window and ample parking. The property sits on a 3.12-acre lot and is zoned GC-2 (Putnam County APN: 68.2-1). The building offers multiple tenancy options with a minimum divisible space of 2,100 square feet. This is an ideal location for medical professionals seeking high visibility and convenient access. The area boasts strong demographics, with a one-mile median income exceeding $83,000 and a three-mile median income over $92,000, supporting a three-mile population of 14,515. The property benefits from excellent traffic counts and proximity to mass transit. Join established national brands like Dunkin' Donuts, Sherwin-Williams, and a dental practice in this thriving commercial center. This is a rare chance to secure space in a brand-new building with significant potential for growth. The property is classified as Retail and Office, with a subtype of Medical Office, Storefront, and Traditional.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,026,690
    6.5%
    $2,793,870
    7%
    $2,594,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,174,180
    Geo Method
    $2,174,180
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,448,310
    Mixed-Use / Specialty
    $2,783,910
    Hospitality / Lodging
    $2,042,460
    Office
    $2,767,370
    Institutional / Educational
    $2,894,140
    Residential Income
    $3,386,140
    Multifamily
    $4,061,160
    Automotive / Energy
    $2,480,690
    Parking / Income-Based Land
    $856,057
    Restaurant / Food Service
    $1,447,930
    Healthcare / Senior Housing
    $2,854,840

Location Insight

City
Brewster
County
Putnam
State
New York
Latitude
41.3922
Longitude
-73.5955
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$402,900
$1,597,100
$2,000,000
-
$402,900
$1,597,100
$2,000,000

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