914-907-7867
132 Pugsley Rd, Brewster Village, NY for Sale
Commercial LAND - FOR SALE
1/3
2,864,941 SF

132 Pugsley Rd
Brewster Village, NY 10509


HIGHLIGHTS

  • Total project cost: $50,000,000
  • 21% projected IRR (65% LTV)
  • Year 1 revenue: $7.85M
  • Year 5 EBITDA: $7.37M
  • GHVBL anchor tenant in place
  • Due diligence package available

OVERVIEW

Seeking joint venture equity partners for a fully entitled, shovel-ready sports complex located within the highly trafficked I-84/I-684 corridor. The site currently has full approvals in place for 10 lighted turf fields and a 46,000 SF indoor fieldhouse. Ownership is comprised of both experienced sports facility operators and seasoned business professionals with extensive backgrounds in real estate development, operations, and management. Ownership is open to a variety of equity and partnership structures depending on the proposed investment level and involvement and would also consider an outright sale of the site. The project is projected to generate strong financial returns by capitalizing on the significant undersupply of comparable large-scale sports facilities within an approximate three-hour radius of the subject property. I-84 Exit 65: Direct on/off access ? Metro-North commuter rail on-site ? 6 major airports within 90 minutes ? NYC & Hartford each an hour drive ? 50,000+ vehicles per day on I-84 ? Accessible from 8+ states 10 turfed, lighted outdoor fields- 46,000 SF indoor fieldhouse- Showcase Field (300 seats)- Fully entitled & shovel-ready - IC zoning- Direct access: I-84 Exit 65, NY-312, I-684- Metro-North rail access on-site- 1 hr. drive from NYC & Hartford

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial, Mixed Use, Baseball Field, Specialty/Festival/Entertainment, Warehouse

LAND ACRES

65.77 AC

LAND SF

2,864,941 SF

OFFSITE IMPROVEMENTS

-

ZONING

RC

APN/PARCEL ID

373089-045-000-0001-011-000-0000

ASK ABOUT THIS PROPERTY

Michael FitzgeraldMcGrath Realty, Inc.More Info
914-907-7867

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michael FitzgeraldMcGrath Realty, Inc.More Info
914-907-7867

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.