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2 Byram Brook Pl 14,618 SF 90% Leased Office Building Armonk, NY 10504 For Sale
Executive Summary
Newmark has been exclusively retained to arrange the sale of 2 Byram Brook Place, a stabilized medical office investment in Armonk’s North Castle submarket. Ownership has held the asset since construction in 1995 and is bringing it to market for the first time, offering a rare entry point into one of Westchester’s tightest medical office trade areas.
The rent roll is anchored by medical, dental, and vision practices with networks in North Castle, Bedford, and Greenwich, driving sub-3% historical vacancy and strong renewal economics. Recent comparable medical leasing in the Armonk / Mount Kisco corridor (WestMed, ENT and Allergy, CareMount expansions) continues to compress small-suite supply.
The opportunity is positioned for a private investor, 1031 buyer, or local medical sponsor seeking durable, needs-based cash flow with embedded rollover upside. In-place rents trail new-construction medical asking rents in northern Westchester, providing a clear NOI growth path on natural lease rollover without speculative repositioning risk.
All inquiries should be directed to Newmark.
The rent roll is anchored by medical, dental, and vision practices with networks in North Castle, Bedford, and Greenwich, driving sub-3% historical vacancy and strong renewal economics. Recent comparable medical leasing in the Armonk / Mount Kisco corridor (WestMed, ENT and Allergy, CareMount expansions) continues to compress small-suite supply.
The opportunity is positioned for a private investor, 1031 buyer, or local medical sponsor seeking durable, needs-based cash flow with embedded rollover upside. In-place rents trail new-construction medical asking rents in northern Westchester, providing a clear NOI growth path on natural lease rollover without speculative repositioning risk.
All inquiries should be directed to Newmark.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,618 SF
Building Class
A
Year Built
1995
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,309 SF
Building FAR
0.42
Lot Size
0.80 AC
Zoning
M9
Parking
36 Spaces (2.46 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advanced Dental Care Of Armonk
- Health Care and Social Assistance
- -
- -
- -
- -
- Alps Management
- Accommodation and Food Services
- -
- -
- -
- -
- Alyssa J Sandak Albright
- Health Care and Social Assistance
- -
- -
- -
- -
- Armonk Vision Care Inc
- Health Care and Social Assistance
- -
- -
- -
- -
- MTS Infrastructure
- -
- -
- -
- Modified Gross
- -
- Nykwest Chiropractic
- Health Care and Social Assistance
- -
- -
- -
- -
- Premier Realty Boutique LLC
- -
- -
- -
- -
- -
- Sterling Care Homecare
- -
- -
- -
- -
- -
- Strong Physical
- Health Care and Social Assistance
- -
- -
- -
- -
- Westchester Orthodontics PC
- Health Care and Social Assistance
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advanced Dental Care Of Armonk | Health Care and Social Assistance | - | - | - | - | |
| Alps Management | Accommodation and Food Services | - | - | - | - | |
| Alyssa J Sandak Albright | Health Care and Social Assistance | - | - | - | - | |
| Armonk Vision Care Inc | Health Care and Social Assistance | - | - | - | - | |
| MTS Infrastructure | - | - | - | Modified Gross | - | |
| Nykwest Chiropractic | Health Care and Social Assistance | - | - | - | - | |
| Premier Realty Boutique LLC | - | - | - | - | - | |
| Sterling Care Homecare | - | - | - | - | - | |
| Strong Physical | Health Care and Social Assistance | - | - | - | - | |
| Westchester Orthodontics PC | Health Care and Social Assistance | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
$2500 per month includes heat, AC and all utilities 3 Private offices
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 900 SF | Medical | Full Build-Out | Now |
1st Floor
| Size |
| 900 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 900 SF |
| Space Use | Medical |
| Build-Out | Full Build-Out |
| Available | Now |
$2500 per month includes heat, AC and all utilities 3 Private offices
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3800-108-000-00003-000-0003-007-0000 | Improvements Assessment | $51,514 CAD |
| Land Assessment | $15,469 CAD | Total Assessment | $66,983 CAD |
Property Taxes
Parcel Number
3800-108-000-00003-000-0003-007-0000
Land Assessment
$15,469 CAD
Improvements Assessment
$51,514 CAD
Total Assessment
$66,983 CAD
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2 Byram Brook Pl
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