111 Brook Street

Scarsdale, NY 10583 Directions
$7,500,000
  • 30,000Sqft
  • 1975Built
  • $131,000Taxes
  • $250Price/Sqft

Property Highlights

  • School District: Eastchester
  • Municipality: Eastchester
  • MLS: 5115782

Property Highlights

  • School District: Eastchester
  • Municipality: Eastchester
  • MLS: 5115782

*** Value Add Opportunity Calling All Investors Or 1031 Exchange Buyers. Projected Noi Of $472, 921 with a 6.30 % CAP RATE Self Managed & $250 Per SQFT.*** Premier Retail/ Office Building on .47 Acre Lot Has Come to Market in the Scardale Po Section of Eastchester. This +/-30, 000 Square Foot 3 Story Elevator Building Has Been Repositioned Including New Landscaping & HVAC System With Gas Conversion In Progress. Located On a Prime High Traffic Count Busy Corner In Close Proximity To all Mass Transit & Major Hubs that Include The Bronx River Parkway, Hutchinson River Parkway & Route 22. The Buildings Long Term Tenants Consist of 4 Street Level Mezzanine...

Property Highlights

  • School District: Eastchester
  • Municipality: Eastchester
  • MLS: 5115782

*** Value Add Opportunity Calling All Investors Or 1031 Exchange Buyers. Projected Noi Of $472, 921 with a 6.30 % CAP RATE Self Managed & $250 Per SQFT.*** Premier Retail/ Office Building on .47 Acre Lot Has Come to Market in the Scardale Po Section of Eastchester. This +/-30, 000 Square Foot 3 Story Elevator Building Has Been Repositioned Including New Landscaping & HVAC System With Gas Conversion In Progress. Located On a Prime High Traffic Count Busy Corner In Close Proximity To all Mass Transit & Major Hubs that Include The Bronx River Parkway, Hutchinson River Parkway & Route 22. The Buildings Long Term Tenants Consist of 4 Street Level Mezzanine Retail Spaces and 2 Stories of Professional Office Space. There is Also Covered Onsite Parking for+/- 60 Cars. Additional Municipal lot Across the Street with Endless Parking Available. ***Ownership May Consider Selling Only To The Successful Buyer of 111 Brook St a Separate Buildable 10, 000 Sqft Parcel Located In a RB Zone Know as 103-107 Montgomery Ave Scarsdale NY 10583 For an Additional $1, 000, 000 For A Total Sale Price of $8, 500, 000. It Can Be Used as Additional Offsite Parking for+/- 30 Cars or Developed Into a Commercial Building Etc. Above Taxes Will Take Affect in April of 2020 *** PROOF OF FUND REQUIRED BEFORE A SHOWING CAN BE SCHEDULED***

*** Value Add Opportunity Calling All Investors Or 1031 Exchange Buyers. Projected Noi Of $472, 921 with a 6.30 % CAP RATE Self Managed & $250 Per SQFT.*** Premier Retail/ Office Building on .47 Acre Lot Has Come to Market in the Scardale Po Section of Eastchester. This +/-30, 000 Square Foot 3 Story Elevator Building Has Been Repositioned Including New Landscaping & HVAC System With Gas Conversion In Progress. Located On a Prime High Traffic Count Busy Corner In Close Proximity To all Mass Transit & Major Hubs that Include The Bronx River Parkway, Hutchinson River Parkway & Route 22. The Buildings Long Term Tenants Consist of 4 Street Level Mezzanine Retail Spaces and 2 Stories of Professional Office Space. There is Also Covered Onsite Parking for+/- 60 Cars. Additional Municipal lot Across the Street with Endless Parking Available. ***Ownership May Consider Selling Only To The Successful Buyer of 111 Brook St a Separate Buildable 10, 000 Sqft Parcel Located In a RB Zone Know as 103-107 Montgomery Ave Scarsdale NY 10583 For an Additional $1, 000, 000 For A Total Sale Price of $8, 500, 000. It Can Be Used as Additional Offsite Parking for+/- 30 Cars or Developed Into a Commercial Building Etc. Above Taxes Will Take Affect in April of 2020 *** PROOF OF FUND REQUIRED BEFORE A SHOWING CAN BE SCHEDULED***

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  • Additional Information
    • Days On Market: 2
    • Lease Price: $4,500
    • Living Area SqFt: 30,000
    • Parking: Lot Parking, Off-Street Parking
    • School District: Eastchester
    • Sewer: Municipal
    • Tax Amount: $131,000
    • Tax Year: 2020
    • Transaction Type: Sale
    • Type: Commercial
    • Year Built: 1975
    • Zoning: GENERAL BUSINESS

Listing Courtesy of Berkshire Hathaway HS West. Pr.

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