Courtesy: Houlihan Lawrence Inc.
914-337-0400
Rare chance to purchase a stabilized investment property in highly sought after Scarsdale P.O section of Eastchester in Lower Westchester County, with a medical conversion value-add opportunity. Currently 94% 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. 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).
Courtesy: Link NY Realty
646-827-2256
Over 8% CAP Rate. Amazing Deal. Phenomenal location. Calling all investors. Don't miss this great investment opportunity! This commercial building has retail spaces that can be used for many different purposes including office space, retail and more. Located in an extremely desirable location and on a heavy traffic street, on the corner of White Plains Rd and Brook St, right off the Bronx River Parkway. This building is near family residences with a population of over 40,000 people and an average household income of $310K. Plenty of parking around the building for all customers. This is a great investment opportunity you don't want to miss. *Information Believed Accurate But Not Warranted*
Scarsdale is located in New York. Scarsdale, New York has a population of 18,063. Scarsdale is more family-centric than the surrounding county with 58.37% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in Scarsdale, New York is $250,001. The median household income for the surrounding county is $105,387 compared to the national median of $69,021. The median age of people living in Scarsdale is 41.1 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 50.6 inches per year, with 29.8 inches of snow per year.
