1253 Route 311
Patterson, NY 12563
Retail Property For Sale
PROPERTY FACTS
ABOUT 1253 ROUTE 311 , PATTERSON, NY 12563
The subject property is strategically located in the heart of Patterson, at the intersection of New York State Route 22 (18,537 VPD) and New York State Route 311 (8,484 VPD). Located in Putnam County, Patterson is a high barrier to entry market due to the stringent regulations adopted by the City of New York to protect the watershed of its reservoir system (100% of the land in Patterson is affected by these regulations). Patterson is located 70 miles north of downtown New York City and 71 miles west of Hartford Connecticut. Despite Patterson’s close proximity to New York City, the market area is rural in character and services the profile of country estates, suburban homes, seasonal dwellings, and residential developments. The 20-mile trade area is supported by a growing population of 622,427 residents with an affluent household income in excess of $132,926.
PROPERTY TAXES
| Parcel Number | 372400-004-000-0001-001-001-0000 | Improvements Assessment | $2,235,800 |
| Land Assessment | $454,300 | Total Assessment | $2,690,100 |
