For Sale - Proposed. 292 Unit Active Adult Development. 155 Sterling Mine Road (Route 72) Town of Ramapo, Rockland, New York

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1 For Sale - Proposed 292 Unit Active Adult Development 155 Sterling Mine Road (Route 72) Town of Ramapo, Rockland, New York The Tuxedo Club Golf Course Proposed Entrance Route 72 Route 17 I-87 ROBERT W. SCHERREIK, CCIM, SIOR, MCR Executive Managing Director, Hudson Valley rscherreik@pyramidbrokerage.com LES SMITH Senior Director les.smith@cushwake.com

2 PROPOSED ENTRANCE ACTIVE ADULT DEVELOPMENT As exclusive agent, Pyramid Brokerage and Cushman & Wakefield are pleased to offer for sale a 100% fee interest in this 241 acre building site located in the Ramapo Hills. The site is minutes from the hustle and bustle of Bergen County and multitude of park land that make up 1/3 of Rockland County. The site was previously approved in 2008 for 292 duplex style active adult homes. This plan could be revised or a developer could preserve this bucolic site and cluster the 292 units in multi-story buildings on the lower section of the property. The site is minutes from the New York State Thruway providing easy access to shopping and area attractions. Address: Site Size: Zoning: Site Plan Approval Status: Property Overview Route 72 AKA Sterling Mine Road, Town of Ramapo, New York 241 acres RSH Zoning District In 2008 the site received approvals for 292 duplex town homes. With some minor updates these approvals could be revised. Environmental Impact statements and a preliminary set of engineering plans are available upon request. Copyright 2018 Cushman & Wakefield. All rights reserved. Cushman & Wakefield Copyright No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

3 Warwick Mount Peter Ski Area Harriman State Park Tuxedo Park 155 Sterling Mine Road Ringwood State Park Mahwah - Property Highlights Environmental Impact Statement / SEQRA completed Municipal utilities including water, sewer, gas and electric to site. (Sewer connection is.4 miles from site and water connection is.3 miles from site.) Previously approved for 292 Duplex Townhomes All units can be offered for sale or for rent. Area Amenities Site is located on Route 72 providing easy access to the area amenities. Minutes from the quaint Villages of Warwick and Tuxedo. Surrounding attractions including: Harriman State Park, Ringwood State Park, and Mount Peter Ski Area. One Hour by train and 35 minutes by car to New York City.

4 Warwick Mount Peter Ski Area Harriman State Park Tuxedo Park Views at Pomona 155 Sterling Mine Road Ringwood State Park Retreat at Airmont Mahwah Four Seasons at Ridgemont SALE COMPARABLES COMMUNITY Retreat at Airmont Four Seasons at Ridgemont Views at Pomona Address: 26 N. De Baun Avenue Airmont, New York Four Seasons Lane Montvale, New Jersey 970 Route 45 Pomona, New York Distance from 155 Sterling Mine Road: 7.7 Miles 16 Miles 19 miles Built: # Units: Building Height: 3 Stories 3 Stories 3 Stories Unit Size: 1,284 SF 1,726 SF 1,957 SF 2,428 SF 1,400 SF Sale Price Range: $350,000-$456,000 $615,000-$809,000 $365,000-$375,000 Average Price per SF: $ $ $ Cushman & Wakefield Copyright No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

5 ROBERT W. SCHERREIK, CCIM, SIOR, MCR Executive Managing Director, Hudson Valley rscherreik@pyramidbrokerage.com Pyramid Brokerage Company 356 Meadow Avenue, 2 nd Floor Newburgh, New York LES SMITH Senior Director les.smith@cushwake.com Cushman & Wakefield of New Jersey, Inc Headquarters Plaza West Tower, Third Floor Morristown, New Jersey