212-372-2165
2 Byram Brook Pl, Armonk, NY for Sale
Medical - FOR SALE
1/15
null | Request Cap Rate

2 Byram Brook Pl
Armonk, NY 10504


OVERVIEW

Newmark has been exclusively retained to arrange the sale of 2 Byram Brook Place, a stabilized medical office investment in Armonk’s North Castle submarket. Ownership has held the asset since construction in 1995 and is bringing it to market for the first time, offering a rare entry point into one of Westchester’s tightest medical office trade areas. The rent roll is anchored by medical, dental, and vision practices with networks in North Castle, Bedford, and Greenwich, driving sub-3% historical vacancy and strong renewal economics. Recent comparable medical leasing in the Armonk / Mount Kisco corridor (WestMed, ENT and Allergy, CareMount expansions) continues to compress small-suite supply. The opportunity is positioned for a private investor, 1031 buyer, or local medical sponsor seeking durable, needs-based cash flow with embedded rollover upside. In-place rents trail new-construction medical asking rents in northern Westchester, providing a clear NOI growth path on natural lease rollover without speculative repositioning risk. All inquiries should be directed to Newmark.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

M9

APN/PARCEL ID

3800-108-000-00003-000-0003-007-0000

ASK ABOUT THIS PROPERTY

Daniel O'BrienNewmarkMore Info
212-372-2165

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

Daniel O'BrienNewmarkMore Info
212-372-2165

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