Phoenix House Academy Property in Shrub Oak On Market For Sale
John Jordan | July 25, 2015
SHRUB OAK—Phoenix House Foundation will market for sale its Phoenix House Academy in Westchester. The expansive 140-acre campus is set within the hamlet of Shrub Oak in the Town of Yorktown. Phoenix House announced the decision to market the property earlier this month.
The main building is a five-story, 270,000 square foot former seminary and includes dormitories, classrooms, a library, large meeting rooms, a commercial kitchen, and offices. There are five additional single-family homes spread across the property. The entire property will be delivered vacant.
The campus is situated atop a hill with expansive views of the lush terrain of the surrounding parkland and Mohegan Lake. The property is located approximately 35 miles from New York City, two miles from the Taconic Parkway, and close to MTA Metro-North Railroad stations at Katonah and Peekskill.
Built in 1954 at the site of the Loyola Seminary, the property was purchased in 1983 for the development of the first Phoenix House academy. Phoenix House announced earlier this year that it would be closing the Academy in order to serve a greater number of clients closer to where they live.
The offering is expected to appeal to residential and senior housing developers responding to the strengthening demand for single-family homes and rental housing in Westchester County and the Hudson Valley. Interest is also expected from institutional and corporate users seeking a rural campus setting within one hour from Manhattan.
This property is being marketed exclusively by Newmark Grubb Knight Frank’s Justin DiMare, Stephen Gordon, and Jon Zuckerman.
Phoenix House is a leading nonprofit provider of substance abuse treatment and prevention services since 1967, Phoenix House serves more than 5,000 men, women, and teens each day at more than 120 programs in 10 states-California, Florida, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, Texas, Vermont, and Virginia-and the District of Columbia.
Since 1983, the Phoenix House Academies have enabled thousands of teens to recover from addiction while attending on-site accredited high schools. In 2005, they were designated “model programs” by the U.S. Department of Justice. The federal government has listed the academy model in the Substance Abuse and Mental Health Services Administration’s (SAMHSA) National Registry of Evidence-Based Programs and Practices (NREPP). Today, there are Phoenix House Academies in California, Massachusetts, New Hampshire, New York, Rhode Island, Texas, and Virginia.
Editor, Real Estate In-Depth