Exclusive Listing For Sale

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Exclusive Listing For Sale Income Producing Redevelopment Assemblage 1456 Route 9D Town of Fishkill | New York

General Information: Total Assemblage Size: 21.64 acre Existing Use Type: Retail / Gas Station / Warehouse / Industrial / Mobile Home Park / Multi-Family

SITE

Zoning: “GB” General Business “R-15” Residential Traffic Counts: 62,000 AADT ( I-84 ) 20,000 ADDT ( NYS Route 9D ) Asking Price: $5,200,000

North

22 Level Usable Acres



Mixed-Use Redevelopment Opportunity

Multi-Family / Hotel / Retail / Warehouse Site Less Than 1 mile to Newburgh-Beacon Bridge at exit 11

Dutchess Stadium

SITE

Exit 11

City of Beacon

North

Newburgh-Beacon Bridge

Beacon MTA

Train Station

The information as shown above and throughout this offering is believe accurate and reliable but not warranted.

Kevin McGrath • Principle Broker • (845) 896-5444 • Email: [email protected] Robert Buyakowski, P.E. • Associate Broker • (845) 845-489-5079 • Email: [email protected] Michael Fitzgerald • Associate Broker • (914) 907-7867 • Email: [email protected]

McGrath Realty Inc. • 1906 Route 52 • Hopewell Jct., NY 12533

Exclusive Listing For Sale 1456 Route 9D | Town of Fishkill | New York

Property Description The subject site consists of a level irregular shaped parcel containing approximately 21.7 acres. It is improved with several buildings consistent with its current use as a gas station convenient store, restaurant, 3 family house, mobile home park, contract’s yard and outdoor storage . Please see page 4 for specific breakdown. The building is serviced by municipal gas and water. Sewer connection within 100’ of subject property but currently being serviced by private subsurface sewage disposal system. Utility systems are well maintained, and are in good working order.

Zoning: “GB” General Business and “R-15” residential services the property. The Town of Fishkill is working on a overlay district for the subject property to spur redevelopment. Current zoning is ideal for mixed-used development including but not limited to: Multi-family, retail stores, plazas and power centers, restaurants including fast-food establishments or drive-through facilities, professional banking, business, hotel, filling stations, automobile sales and auto repair garages.

Location: Town of Fishkill, Dutchess County, New York. Centrally located in the high growth commercial / residential and retail corridor; the site is situated in the southeast corner of the signalized intersection with NYS Route 9D and Pappas Lane. The site is also bordered by I-84, Superb traffic counts of 20,000 AADT and 62,000 ADDT for Route 9D and I-84 respectively. The site is located adjacent to Dutchess Stadium , approximately 3/4 miles to I-84 exits 11, Beacon MTA train station is 2 miles, 7 miles to I-87 Thruway and 10 miles to Stewart International Airport.

Highlights: • Current Uses Generating $300K Gross Income • Outstanding Mixed-Use Development Site • Site includes Gas Mini Mart @ 4-Way Traffic Light Corner Restaurant & Mobile Home Park & more • Sizable Traffic Count: 62,000 veh/day( I-84 ) 20,000 veh/day ( NYS Route 9D ) • Public Water and Gas at Site; Sewer within 100’ of site • Ideal Redevelopment Site • Excellent Demographics • Flexible Zoning

Kevin McGrath • Principle Broker • (845) 896-5444 Robert Buyakowski, P.E. • Associate Broker • (845) 845-489-5079 Michael Fitzgerald • Associate Broker • (914) 907-7867 McGrath Realty Inc. • 1906 Route 52 • Hopewell Jct., NY 12533

Exclusive Listing For Sale 1456 Route 9D |Town of Fishkill | New York

Site Photos

SITE

North

Robert Buyakowski, P.E. • Associate Broker • McGrath Realty SITE Inc. • 1906 Route 52 • Hopewell Jct., NY 12533 (845) 845-489-5079 Email: [email protected]

North

Vicinity Map Albany – 65 miles

SITE

Stewart International Airport

NYC – 65 miles Westchester – 25 miles

1456 Route 9D Town of Fishkill | New York Tax Parcel Information 8 Ninnie Rd

15 Ninnie Rd

16 Ninnie rd

18-22 Pappas Ln

115 Pappas Ln

1456 Rte 9D

Tax Lot

Address

032579

050614

053482

085590

115589

030608

School District

Beacon

Beacon

Beacon

Beacon

Beacon

Beacon

Municipality

Fishkill

Fishkill

Fishkill

Fishkill

Fishkill

Fishkill

2.02

3.22

8.01

8.02

0.17

0.5

GB

GB

R15

R15

R15

GB

Acres on Tax Map Zoning Stated Use

Lumber/Sawmill

Mobile Home Park

Vacant Residence

1 Family Residence

Water Type

2 Famil Res (220) Parking Garage (437) Commercial

Commercial

Commercial

Commercial

Commercial

Commercial

Sewer Type

Individual

Individual

Individual

Individual

Individual

Individual

Building Size

1,808 sq.ft.

*

1,009 sq.ft.

5-pad mhp

pad mhp

900 sq.ft.

Total Assessment

$241,000

$2,400,000

$540,000

$360,000

$42,400

$213,800

$5,745

$77,810

$17,508

$11,672

$1,010

$5,097

Property Taxes

* 15 Ninne Road consits of a 1,700 sq.ft. resturuant, 1,325 sq.ft. minimart and a 21,620 sq,ft, warehouse/office

Tax Parcel Map Zoning Map

North

North

Demographics Summary

1456 Route 9D | Town of Fishkill | New York 12524

Population

1 Mile

3 Mile

10 Mile

2016 Total Population:

5,519

40,881

222,030

2021 Population:

5,539

40,842

223,101

Pop Growth 2016-2021: Average Age: Households 2016 Total Households:

0.36% 40.00

(0.10%) 39.00

0.48% 39.20

2,261

14,897

79,195

HH Growth 2016-2021: Median Household Inc: Avg Household Size: 2016 Avg HH Vehicles: Housing

0.40% $85,958 2.30 2.00

(0.17%) $61,667 2.40 2.00

0.51% $73,343 2.70 2.00

Median Home Value: Median Year Built:

$268,051 1988

$246,954 1963

$262,452 1967

Consumer Spending

1 Mile

3 Mile

10 Mile

Total Specified Consumer Spending ($)

67,467

391,514

2,389,770

Total Apparel Total Entertainment, Hobbies & Pets Total Food & Alcohol Total Household Total Transportation and Maintenance Total Health Care

3,860 5,208 18,125 9,738 18,117 3,170

23,482 30,357 107,568 52,656 109,022 19,294

136,512 181,489 633,592 331,071 683,014 120,732

Total Education & Day Care

5,064

25,511

159,348

Aggregate in 1,000’s

Exclusive Listing For Sale Income Producing Redevelopment Assemblage 1456 Route 9D | Town of Fishkill | New York

Conceptual Development Plan I - Mixed Use: Multi-Family & Retail

Proposed Development : -

125 +/- Muti-family rentals Hotel Restaurant and Bank Pads Gas Station / Convenient Store w/ drive thru lane

Kevin McGrath • Principle Broker • (845) 896-5444 • Email: [email protected] Robert Buyakowski, P.E. • Associate Broker • (845) 845-489-5079 • Email: [email protected] Michael Fitzgerald • Associate Broker • (914) 907-7867 • Email: [email protected] McGrath Realty Inc. • 1906 Route 52 • Hopewell Jct., NY 12533 • Website: Mcgrathrealtyinc.com

Exclusive Listing For Sale Income Producing Redevelopment Assemblage 1456 Route 9D | Town of Fishkill | New York

Conceptual Development Plan II : Retail & Warehouse

Proposed Development : 40,000 sq.ft. 44,000 sq.ft. 31,000 sq.ft. 6,400 sq.ft. 4,100 sq.ft. 4,000 sq.ft.

Supermarket Retail Warehouse / Lumber Distributer Restaurant Gas Station / Convenient Store w/ drive thru lane Bank Pad

Kevin McGrath • Principle Broker • (845) 896-5444 • Email: [email protected] Robert Buyakowski, P.E. • Associate Broker • (845) 845-489-5079 • Email: [email protected] Michael Fitzgerald • Associate Broker • (914) 907-7867 • Email: [email protected] McGrath Realty Inc. • 1906 Route 52 • Hopewell Jct., NY 12533 • Website: Mcgrathrealtyinc.com

Exclusive Listing For Sale Income Producing Redevelopment Assemblage 1456 Route 9D | Town of Fishkill | New York

Conceptual Development Plan II : Warehouse & Retail

Proposed Development : 22,000 sq.ft. 62,000 sq.ft. 30,000 sq.ft. 6,400 sq.ft. 4,100 sq.ft.

CP Warehouse Warehouse / Bulk Retail Center Warehouse / Lumber Distributer Restaurant Gas Station / Convenient Store (existing)

Kevin McGrath • Principle Broker • (845) 896-5444 • Email: [email protected] Robert Buyakowski, P.E. • Associate Broker • (845) 845-489-5079 • Email: [email protected] Michael Fitzgerald • Associate Broker • (914) 907-7867 • Email: [email protected] McGrath Realty Inc. • 1906 Route 52 • Hopewell Jct., NY 12533 • Website: Mcgrathrealtyinc.com

View from Mt. Beacon

Why Fishkill / Beacon Site

City of Beacon

GAP Warehouse -2.4 Million sq.ft.

DIA

Westage Business Center Roundhouse at Beacon Falls Hudson River Recreation

The redevelopment around the subject property and the entire city as a whole is one of the most dramatic revitalization success stories for New York State in the last 10 years. Fishkill/Beacon, New York has become an exemplary example of how to revive and sustain a community. In doing so Fishkill/Beacon has become the home for young successful urbanite professionals looking for the amenities of large city with the affordability and outdoor activates presented in this rural countryside. The subject property benefits from the vast economic investments in the arts, schools, outdoor adventure activities, and development projects as well as the accessibility to the Metro North train station offering a one–hour express commute. Located within 2 miles from the subject property is Beacon’s business district and its vibrant locally owned retail shops, antique stories, unique restaurants and café’s. Additional attraction in the area include: World renown DIA center, The Howland Cultural Center offering innovative concerts, galleries showings and events for the local community. On the East End of Main Street is the “Roundhouse at Beacon Falls”. This successful redevelopment includes 20-room hotel (additional 38 units in Phase II) with luxury spa, 80-seat restaurant and bar, and a 250 person Catering Event Space. Mount Beacon and the River Front Greenway trails provide outstanding outdoor hiking and water recreation activities. Town of Fishkill has proven to be an exemplary retail, office, industrial and multifamily market. Fishkill shows its draw with 15 hotels, 3 currently under construction. Proving its ideal regional central; Fishkill is the home of the Gap 2.4 million sq.ft. distribution warehouse. Westage Business Park consisting of 1.25 million sq.ft. of professional office, retail and multifamily housing is now completely buildout. Apartments continue to maintain high occupancy rates.

Main Street

Greenway Trail