Estimates of dynamic groundwater volumes supplying baseflow to streams are important for water availability projections during extended periods of drought. The primary goals of this study were to provide dynamic storage volume estimates, inferred from streamflow recession analysis, for baseflow regimes within seven gaged catchments within the Neversink Reservoir Watershed (NRW), a critical municipal water source for New York City. Additionally, geomorphological properties, surficial geology and hydro-meteorological processes were quantified and described in relation to time and spatially variable recession behaviour and storage estimates across the NRW. To explore these relationships, we (1) evaluated seasonal trends in streamflow recession behaviour in relation to modelled potential evapotranspiration (PET) and catchment runoff rates, (2) derived empirical streamflow models for cool-season runoff using both linear and nonlinear reservoir assumptions for baseflow and (3) calculated metrics related to the geology and geomorphology of each catchment and compared these metrics to area normalised baseflow dynamic storage estimates. Results show that baseflow recession behaves as a nonlinear reservoir, and applying linear groundwater reservoir assumptions may underestimate the total dynamic storage volumes compared to what would be predicted for a nonlinear reservoir. Increases in PET caused decreases in storage conditions that resulted in increased recession rates and nonlinearity in streamflow recession during the growing season. Additionally, we found that while no single physical catchment characteristic solely predicted catchment storage dynamics, sediment volume and stream gradients were stronger predictors of normalised storage volumes than catchment surface area or surface topography alone. Within the NRW, catchments with the highest sediment volume exhibited the lowest recession rates and higher dynamic storage volumes, while the smallest catchment, mostly devoid of sediment, had the fastest recession rate and lowest dynamic storage volume.