salinger’s orchards first time offering exclusive · address 220 guinea road, brewster, ny county...
TRANSCRIPT
333 N. Bedford rd, Mt. Kisco, NY 10549Ph 914.747.5000 fax 914.747.6666
PriNcetoNrealtYGrouP.coM
ALL INFORMATION IS FROM SOURCES DEEMED RELIABLE AND IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL, PRIOR SALE AND WITHDRAWAL WITHOUT NOTICE.
ContaCt InformatIon
71 ACRE FRUIT FARM & RETAIl sToRE
FIRST TIMEOFFERINGEXCLUSIVE
brewster, nY 220 Guinea roadsalInger’s orChards
steve Corrigan 914.747.5000 (x 281)[email protected]
frank fiorella 914.747.5000 (x 223)[email protected]
october 2016 | Page 2
brewster, nY SaLinGer’S orCHardSoffer memorandUm
ConfIdentIalItY and CondItIons
Princeton realty Group (PrG) “agent” has been retained as exclusive broker for the sale of the properties and business located at 220 Guinea road, Brewster, NY, Putnam coounty (the “Properties”) on behalf of the owner (“owner”). This Memorandum has been prepared by agent for use by a limited number of parties, and does not purport to provide a necessarily accurate summary of the Properties or any of the documents related thereto, nor does it purport to be all inclusive or to contain all of the information which prospective investors or prospective tenants, may need or desire. No representation is made by owner or agent as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of the Properties. although the information contained herein is believed to be correct, owner, owner’s agents, attorneys, representatives, and its employees, disclaim any responsibility for inaccuracies, and expect prospective purchasers or tenant to exercise independent due diligence in verifying all such information. further, agent, owner and their respective employees, disclaim any and all liability for representations and warranties, expressed and implied, contained in, or for omission from, this Memorandum, or any other written or oral communication transmitted or made available to the recipient. This Memorandum does not constitute a representation that the business or affairs of the Properties or owner since the date of preparation (october, 2016) of this Memorandum have remained the same. analysis and verification of the information contained in this Memorandum are solely the responsibility of the prospective purchasers or tenant.
additional information and an opportunity to inspect any of the Properties will be made available upon the request of interested and qualified prospective purchaser(s) or tenants.
owner and agent each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding any of the properties, and/or terminate discussions with any party at any time with or without notice. owner reserves the right to change the timing and procedures for the offering process at any time in owner’s sole discretion. owner/seller shall have no legal commitment or obligations to any party reviewing this Memorandum, or making an offer to purchase a Property, unless and until such offer is approved by owner, and a written agreement for the purchase of a Property or lease for an interested property has been fully executed and delivered by owner and the Purchaser thereunder.
This Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting this Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose this Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make a proposal and from whom you have obtained an agreement of confidentiality) without the prior written authorization of owner or agent, and that you will not use this Memorandum or any of the contents in any fashion or manner detrimental to the interest of owner or agent.
october 2016 | Page 3
brewster, nY SaLinGer’S orCHardSexeCUtIve sUmmarY
Princeton realty Group has been retained as the exclusive broker and marketing agent for SALINGER’S ORCHARDS and BUSINESS
located at 220 Guinea road in Brewster, NY.
originally established in 1901, with a rich history, these unique parcels and associated business – sited on 71 acres.
situated in Putnam county and a short one mile ride from exit 8 off i-684, the property is also directly accessible from state routes 22 and 6, and several minutes from MetroNorth railroad stations in Brewster and croton falls. it is located on the Westchester/Putnam county border and is only 60 miles to Mew York city and ten miles to danbury, ct. The property has excellent access to markets throughout the Northeast.
established in 1901 and celebrated for delicious fresh orchard fruits and home-made pies is historic salinger’s orchards in the hudson river Valley. This 71 acre fruit farm grows 50+ acres of apples, peaches, pears and plums.
The property includes two homes, a two-unit apartment building for employees, a retail farmer’s market and bakery, storage warehouse for fruit, a barn, co building for fresh fruit storage, as well as an apple cider mill.
all buildings on site total approximately 16,000 sf. additional acreage and three bedroom home are also available for sale.
bldg/ParCel avaIl sIze bldg tYPe/Use
home #1 1,650 sf 2 Bdrm farmhousehome #2 1,512 sf 3-Bdrm stone house2 UnIt aPt 1,200 sf employee housingbarn 3,000 sf agriculturestorage bldg 1,380 sf fresh fruit storagefarmer’s mkt & bakerY 7,752 sf retail
3-bdrm hm 3,000 sf 3-Bdrm stone house
The property is zoned rural/commercial with additional permitted uses including: farm to market restaurant; Vineyard; hard cider Brewery; offices; B&B hotel; conference center; equestrian center; animal hospital/Kennel; Nursery/Greenhouse; Public utilities; research lab.
owner is seeking to convey fee simple interest to all buildings, land and business. Three separate and independent tax parcels allow ownership the ability to sell individual parcels and buildings using an overall property management plan.
currently the orchard’s existing buildings aggregate approximately 19,494 square feet of improved usable structures available in part as follows:
hIstorY
october 2016 | Page 4
brewster, nY SaLinGer’S orCHardSProPertY sUmmarY
address 220 Guinea road, Brewster, NY
CoUntY Putnam
avaIlable aCres 71 acres [50 acres open for farming; 21 acres other]
desCrIPtIon currently an active apple, pear, peach and plum orchard. can be divided into smaller parcels that woudl exclude the homes but not the retail outlet and cold storage.
hIstorY The farm has been in the family for 100+ years
InfrastrUCtUre/eqUIPment Barns/structures, housing equipment
strUCtUres desCrIPtIon a large retail outlet is available that contains a cold air storage and a controlled atmosphere storage. There are two smaller old chicken house structures and a newer metal cow barn-type structure.
farmer hoUsIng desCrIPtIon There are 3 homes available to purchase: one old farmhouse, a smaller fieldstone house, and a large stone house (separate parcel)
eqUIPment desCrIPtIon Various tractors, sprayers, etc are available, as well as a cider mill and milk style-cool down tank
PermItted CroPs Vegetables, fruits, ornamentals
PermItted lIvestoCk cattle (beef, dairy), Goats/sheep, Pigs, Poultry, other livestock
CroP/lIvestoCk desCrIPtIon Presently there are well-maintained trees producing apples, pears, plums & peaches
UtIlItIes NYseG electric; Well & septic
transPortatIon exit 8 off i-684, access to state routes 22 & 6, proximate to MetroNorth train stations in Brewster and croton falls, NY; 60 mi to NYc, 10 mi to danbury, ct
zonIng rural/commercial
ProPertY rIghts fee simple rights available for the entire site or individual parcels and/or buildings
taxes $52,000 (all properties - 3 parcels)
PotentIal PermItted Uses > farm to market restaurant > Vineyard > hard cider Brewery > offices > B&B hotel > conference center > equestrian center > animal hospital/Kennel > Nursery/Greenhouse > Public utilities > research lab
avaIlabIlItY immediate
october 2016 | Page 5
brewster, nY SaLinGer’S orCHardSPUtnam CoUntY eConomICs
Partnerships and Business Development the Focus of Odell’s State of the County*
looking beyond borders and focusing on productive partner-ships for social issues and business development were focal points of the 2016 state of the county address given by Putnam county executive Maryellen odell on Thursday, March 10 at Putnam county Golf course.
odell announced the proposed partnership between Putnam county and the city of danbury for regional economic ini-tiatives that will enhance public transportation, share recre-ational services and potentially expand the sewer system from Mill Plain road in danbury to danbury road in southeast.
2016 state of the CoUntY
she also proposed the re-branding of tilly foster, a 199 acre county-owned property in Brewster, as The tilly foster farm educational instituted.
odell also spoke about the county’s commitment to raising awareness about current issues facing the hudson Valley.
“together we care. together we make a difference,” odell said.
The video of the 2016 state of the county address, photos of the event and a copy of the presentation is available on the county website at: www.putnamcountyny.com/soc2016.
*excertp from http://www.putnamcountyny.com
Putnam County, nY
salingers orchardsbrewster, nY
october 2016 | Page 6
brewster, nY SaLinGer’S orCHardSdemograPhICs
one-, fIve-, and ten-mIle radIUs
october 2016 | Page 7
brewster, nY SaLinGer’S orCHardSProxImItY maP
october 2016 | Page 8
brewster, nY SaLinGer’S orCHardSParCels aerIal
no. desCrIPtIon sq ft
sf 2-Br farmhouse 1,650 sf2 3-Br stone house 1,512 sf3 cold storage Bldg 1,380 sf4 retail farm store & Bakery 7,752 sf5 Barn 3,000 sf6 3-Br stone house 3,000 sf7 Worker housing 1,200 sf
total sf 19,494 sf
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october 2016 | Page 9
brewster, nY SaLinGer’S orCHardSProPertY detaIls: homes/hoUsIng
address 220 Guinea Road, Brewster, NY
desCrIPtIon 3-Bdrm Stone House
gross bUIldIng sIze 3,000 sf
address 220 Guinea Road, Brewster, NY
desCrIPtIon 2-Bdrm Farm House
gross bUIldIng sIze 1,650 sf
address 220 Guinea Road, Brewster, NY
desCrIPtIon 3-Bdrm Stone House
gross bUIldIng sIze 1,512 sf
address 220 Guinea Road, Brewster, NY
desCrIPtIon Worker Housing (2 units)
gross bUIldIng sIze 1,650 sf
october 2016 | Page 10
brewster, nY SaLinGer’S orCHardSProPertY detaIls - retaIl store
address 220 Guinea Road Brewster, NY
desCrIPtIon Retail Farm Store and Bakery
gross bUIldIng sIze 7,752 sf
UtIlItIes Well & septic
eleCtrIC servICe NYSEG
october 2016 | Page 11
brewster, nY SaLinGer’S orCHardSComPanY balanCe sheet
book valUe ComParatIve; for PerIod endIng 12/31/15
october 2016 | Page 12
brewster, nY SaLinGer’S orCHardSComPanY balanCe sheet (Con’T)
book valUe ComParatIve; for PerIod endIng 12/31/15 (Con’T)
october 2016 | Page 13
brewster, nY SaLinGer’S orCHardSComPanY InCome statement
ComPanY In-Come state-ment
1/1/14 to 12/31/14 – Cash
october 2016 | Page 14
brewster, nY SaLinGer’S orCHardSComPanY InCome statement (Con’T)
1/1/14 to 12/31/14 – Cash (Con’T)
october 2016 | Page 15
brewster, nY SaLinGer’S orCHardSComPanY InCome statement (Con’T)
1/1/14 to 12/31/14 – Cash (Con’T)
october 2016 | Page 16
brewster, nY SaLinGer’S orCHardSInventorY
orChard eqUIPment 3 tractors @ 4500 $13,5002 sprayers @ 3000 $6,0001 commercial mower @ 4000 $4,0001 weed sprayer@ 1500 $1,5002 forklifts:@ 5000 & 3000 $8,0001 cidermill @ 4000 $4,0002 ss tanks @400 $800u V machine @ 3000 $3,000Brusher @ 2000 $2,000Bottle filler @ 300 $300international 20 ft flatbed $5,000spreader@ 300 $300160 apple bins @ 10 $1,6002 water pumps 250 ea. $500tool box with assorted wrenches sub-total: $50,500
bakerY eqUIPment 5 Blodgett convection ovens @1200 $7,000apple peeler slicer $4,000electric three deck oven $750Gas two deck oven $1,5005 ss double shelved tables $1,750display freezer $1,5003 mixers, 10, 20 and 40 qt. $3,000comtec pie press $1,500acme dough sheeter $500rolling racks 9 @150 $1,350Walk in freezer $2,000candy apple cooker copper pot $600fudge/caramel warmer $100200 sheet pans @ 5 $1,00011 muffin pans $220Various utensils sub-total: $26,770
store 11 display tables @ 100 $1,1004 cash registers @ 100 $4003 scales @ 300 $9001 donut machine $3,000Juice cooler @ 500 $500cappuccino bar counter $200antique stove $600safe $500sub-total: $7,200
TOTAL: $84,470
october 2016 | Page 17
brewster, nY SaLinGer’S orCHardStoPograPhICal maP
not incl.in sale
october 2016 | Page 18
brewster, nY SaLinGer’S orCHardSsalIngers In the news
october 2016 | Page 19
brewster, nY SaLinGer’S orCHardSsalIngers In the news
october 2016 | Page 20
brewster, nY SaLinGer’S orCHardSPhotos - retaIl store exterIor
october 2016 | Page 21
brewster, nY SaLinGer’S orCHardSPhotos - bakerY
october 2016 | Page 22
brewster, nY SaLinGer’S orCHardSPhotos - groUnds
october 2016 | Page 23
brewster, nY SaLinGer’S orCHardSPhotos - retaIl store
october 2016 | Page 24
brewster, nY SaLinGer’S orCHardSPhotos - retaIl store
october 2016 | Page 25
brewster, nY SaLinGer’S orCHardSPhotos warehoUse storage