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    311 & I-84 Rte Patterson, NY 12563

    For Lease
    Contact for pricing

    Prime Retail Space, I-84, NY

    Lot size:
    400,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Patterson Crossing, a new regional shopping center in Putnam County, NY, presents an exceptional opportunity for retail businesses. Strategically located at the intersection of Route 311 and I-84, this development boasts over 400,000 square feet of total building space, offering significant visibility and accessibility to a large consumer base. A major anchor tenant, Costco, is already signed, ensuring a strong draw for shoppers. The high-traffic location sees over 66,000 vehicles per day on I-84, providing unparalleled exposure for your business. Currently, there are 11 available spaces ranging from a minimum of 75 square feet to a maximum contiguous space of 159,600 square feet, catering to a wide variety of retail needs. With 380,175 square feet of vacant space, this is a unique chance to establish a presence in a thriving retail environment. Site work is complete, with the center projected to open in Q3 2023. The property's location in Patterson, NY, zip code 12563, offers easy access for both local residents and commuters. This is a prime opportunity to capitalize on the significant growth potential of this new development. Contact us today to learn more about the available spaces and secure your place in this dynamic retail center.

    Property Features for 311 & I-84 Rte

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    400,000 SF

    Unit(s) available at that property

    Space
    Retail A
    Size
    159,600 SF
    Space
    Retail D2
    Size
    21,000 SF
    Space
    Retail F2
    Size
    4,000 SF
    Space
    Retail E1
    Size
    4,000 SF
    Space
    Retail H
    Size
    2,000 SF
    Space
    Retail F1
    Size
    2,000 SF
    Space
    Retail E2
    Size
    2,000 SF
    Space
    Retail B
    Size
    152,000 SF
    Space
    Retail D1
    Size
    12,500 SF
    Space
    Retail D3
    Size
    21,000 SF
    Space
    Building C
    Size
    75 SF

    HighLights

    • 400,000 SF retail shopping center, fully approved.
    • Excellent I‑84 & Route 311 access.
    • I‑84 traffic count exceeds 66,000 ADT.
    • High visibility with I‑84 signage opportunities.
    • Retail spaces available, 2,000 SF - 150,000 SF.
    • Site work completed Q3 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Patterson
    County
    Putnam
    State
    New York
    Longitude
    -73.6248745
    Latitude
    41.491611

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, I-84, NY
    Where is this neighborhood center located?
    The property is located at 311 & I-84 Rte Patterson, NY.
    What are key features of this property?
    This property features: 400,000 SF retail shopping center, fully approved.; Excellent I-84 & Route 311 access.; I-84 traffic count exceeds 66,000 ADT.
    Request Owner's contact information
    311 & I-84 Rte Patterson, NY 12563
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    Patterson, NY 12563
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 & I-84 Rte Patterson, NY 12563
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