Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

15 Mount Ebo Rd S 67,000 SF 78% Leased Office Building Brewster Village, NY 10509 $16,751,040 CAD ($250.02 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 40% Occupied Class A Multi-Tenant Medical Office located in desirable location
  • Recession-proof tenancy in the medical and education industries
  • Hudson Valley Cerebral Palsy Association Current tenant
  • Three-story building Constructed in 2008 to meet Federal Regional Health Center standards
  • 67,000-square-foot building situated on 11.6 acres with 100 parking spots
  • Convenient access Less than 5 miles from Metro-North station to New York City

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in 15 Mt. Ebo Road South, Brewster, NY via a partial sale-leaseback. This prime medical office property is situated on 11.6 acres in an area surrounded by industrial and office developments.
The 67,000-square-foot building, constructed in 2008, features three stories of medical, office, and educational space. It includes two operating elevators, hospital-grade systems, and ample parking. Located adjacent to NYS Route 22, the property offers convenient access to Putnam and Westchester Counties in New York and Fairfield County in Connecticut.
The property was purpose-built to meet the needs of its current owner, the Hudson Valley Cerebral Palsy Association (“HVCPA”) and associated entities, which together occupy 40% of the space. The HVCPA does not plan to expand its leasing footprint. Consequently, the sale of this property is best structured as a partial sale-leaseback, with approximately 60% of the leasable space delivered vacant.
Originally designed to accommodate a mix of medical and educational uses, the property includes preschool areas, clinical offices, treatment suites, administrative offices, and a lecture/conference hall. Approximately 8,000 square feet of top-floor office space has not yet been leased and is currently used as storage.
The property is strategically located less than a quarter mile from Sears Corners, a vibrant retail, dining, and residential hub and Clock Tower Commons. Its proximity to Interstate 84 and NYS Highway 22 facilitates quick commutes to Westchester and Fairfield Counties. Additionally, the Brewster Metro-North station, located 4.9 miles away, provides convenient access to New York City.
The surrounding area of Brewster Heights boasts strong demographics, with an average household income of over $144,900 within a two-mile radius, well above the national average. The median property value in Brewster Heights is approximately $358,824, with a homeownership rate of 87.4%.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
67,000 SF
Building Class
B
Year Built
2008
Price
$16,751,040 CAD
Price Per SF
$250.02 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
22,333 SF
Building FAR
0.13
Lot Size
11.66 AC
Zoning
OP2
Parking
100 Spaces (1.49 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 8,000-15,000 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 8,000-15,000 SF Office - Now

1st Floor

Size
8,000-15,000 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 8,000-15,000 SF
Space Use Office
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
373089-046-000-0002-031-000-0000
Land Assessment
$1,479,759 CAD
Improvements Assessment
$16,071,947 CAD
Total Assessment
$17,551,706 CAD
  • Listing ID: 34716050

  • Date on Market: 2025-02-04

  • Last Updated:

  • Address: 15 Mount Ebo Rd S, Brewster Village, NY 10509

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}