• Broker Cory Gubner 2035313626
  • Broker Jeffrey Fishman 2125993700
  • Broker Alex Haendler 2039799710

Clocktower Commons 8 Properties Offered at $8,000,000 in Brewster, NY

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INVESTMENT HIGHLIGHTS

  • Supply-constrained office market with limited existing competition and restrictive zoning that significantly reduces the likelihood of new inventory
  • Convenient New York City access via the Brewster Metro-North train station, which is less than 10 minutes away
  • Upcoming development in downtown Brewster positions the community as the next Hudson Valley hotspot via plans for 408 residential units
  • Located less than five minutes from The Highlands Retail Center, Brewster’s largest shopping center, and 20 minutes from Danbury Fair Mall

EXECUTIVE SUMMARY

A 59,928-square-foot mixed-use asset that is 90% leased to 23 diverse tenants including office, medical office, a restaurant and retail users with a weighted average remaining lease term of 4.8 years. Strategically located on 10 acres off Route 22, a major regional thoroughfare, 2.5 miles from the intersection of Interstates 84 and 684
and just 60 miles north of New York City.

ATTACHMENTS

Clocktower Commons_Teaser

PROPERTY FACTS

Price $8,000,000
Price / SF $131.84 / SF
Cap Rate 9.96%
Sale Type Investment
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 60,680 SF
Total Land Area 80.00 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Clocktower Commons Bldg 6
600 Clock Tower Cmn, Brewster, NY 10509 		Office 22,000 SF 1989 -
Clocktower Commons Bldg 1
100 Clock Tower Commons, Brewster, NY 10509 		Office 8,614 SF 1990 -
Clocktower Commons Bldg 7 Chase Bank
700 Clock Tower Commons, Brewster, NY 10509 		Retail 4,426 SF 1990 -
Clocktower Commons Bldg 2
200 Clock Tower Commons, Brewster, NY 10509 		Office 4,818 SF - -
Clocktower Commons Bldg 3
300 Clock Tower Commons, Brewster, NY 10509 		Office 11,792 SF 1990 -
Clocktower Commons Bldg 4
400 Clock Tower Commons, Brewster, NY 10509 		Office 2,000 SF 1990 -
Clocktower Commons Bldg 5
500 Clock Tower Commons, Brewster, NY 10509 		Retail 3,094 SF 1984 -
Clocktower Commons Bldg 8
800 Clock Tower Commons, Brewster, NY 10509 		Office 3,936 SF 1990 -
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ADDITIONAL PHOTOS

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