111 Brook St - Loft/Creative Space FOR SALE


Scarsdale, NY 10583
$9,995,000 USD
973-609-2105
111 Brook St, Scarsdale, NY for Sale
$9,995,000 USD
Loft/Creative Space - FOR SALE
1/24
null | 6.31% Cap Rate

111 Brook St
Scarsdale, NY 10583


HIGHLIGHTS

  • 97% Leased
  • Newly Renovated
  • Prime Location

OVERVIEW

Rare chance to purchase a stabilized investment property in highly sought after Scarsdale P.O section of Eastchester in Lower Westchester County. Currently 97% leased, 111 Brook St. is a prime +/-30,000 SF retail/office building situated in a GB zone. Comprehensive renovation completed in 2022 features modernized lobby with digital directory, updated hallways with new tile and LED lighting, new common bathrooms, 30+ camera indoor/outdoor CCTV security system, new elevator, landscaping, roof, and HVAC systems. Several of the professional office spaces and retail storefronts are complete with premium, fully renovated build outs. Located on a high traffic street corner adjacent to a local park, with ample street parking available. Close proximity to mass transit, including Bronx River Parkway, Hutchinson River Parkway, Route 22, and Scarsdale Metro-North station. Included is a 10,000 SF second parcel located at 103-107 Montgomery Ave, which is currently used for extra offsite parking for an additional +/-30 cars (potential buildable lot in RB Zone).

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

111 Brook

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C

APN/PARCEL ID

2489-059-000-00005-000-0001

ASK ABOUT THIS PROPERTY

Michael RackenbergHoulihan Lawrence CommercialMore Info
973-609-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael RackenbergHoulihan Lawrence CommercialMore Info
973-609-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.