Presented by CS Realty Request Showing Print Listing
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Commercial for Lease in Westchester County
MLS Number5115782
Address111 Brook Street, Scarsdale, NY 10583 show map
Price$7,500,000 show mortgage calculator
Acres0.0000
Year Built1975
Est. Sq. Footage30000
ZoningGENERAL BUSINESS
Current Uses
Permitted Uses
Remarks

*** 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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