659 Stoneleigh Ave Carmel, NY 10512
For Sale
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Site Information: Outstanding location for various development opportunities. Flexible commercial zoning, municipal sewer and water, shares intersection with Putnam County Hospital’s main on Stoneleigh Ave and adjacent to the Medical/professional Condo offices ‘The Barn’ all benefits to the development potential of the subject property. Current site improvements included existing 2-family residence with detached garage, driveway and parking areas. Multiple proposed layouts have been completed including one for 3 story 20,000 sq. ft. professional building with 91+ parking spaces. Well accessible to I-84 via exits 65 and I-684 via Croton Falls exit. Between 3.5 mile to 4 miles from either exit. Principle Uses: Retail sales and service establishments , general business and professional offices building. Banks and other financial institutions, fully enclosed eating and drinking establishments, commercial entertainment establishments, government buildings, wholesale storage and distributive establishments, including lumberyards. Fully enclosed establishments for the sale and repair of machinery and equipment. Theaters and other fully enclosed commercial entertainment establishments, day-care center. Conditional Uses: Hotels/motels; Multifamily (elderly), fast-food restaurants, designed shopping center, government public or semipublic (clubs) buildings, houses of worship . Location : Town of Carmel, Putnam County, New York The site is located on the west side of Stoneleigh Avenue (CR- 35) at the intersection with Putnam Hospital’s Main Entrance. 3.5 miles north of I-684 Croton Falls Exit, the site provides a convenient location to serve Westchester County to the south. The site is also less than 4 miles to I-84 exit 65, making Dutchess County to the east and Danbury Connecticut to the west accessibility. 50 minutes to Manhattan. 25 minutes to Westchester County Airport. Area transit includes Putnam Area Rapid Transit Bus. 3.5 miles to Brewster Metro North Train Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.