Property for sale

Brook Street, New York, United States Of America

111 Brook Street o?ers a compelling chance to acquire an o?ce/retail asset in the highly sought-after Scarsdale, NYsubmarket defined by scarcity. This 30,262 square foot, three-story elevator investment property delivers attractive income in one of Westchester's most high barrier-to-entry markets. This brick and masonry construction building is 93% occupied, features covered on-site parking for +/-60 cars, and was fully renovated in 2022 with modernized building systems and enhanced upgrades throughout. An asset of this quality, in a location of this caliber, does not trade often.A separate 10,000 square foot parcel at 103-107 Montgomery Avenue, currently operating as a +/-30-car parkinglot, is included in the sale and zoned rb, presenting exceptional future development optionality. Whether held asparking to service the main asset, or developed, this second parcel represents embedded upside that is not reflected in the in-place income.Centrally located on a high-tra?c signalized

Reference: 36112_FHD1516625

Key Features
30262 SqFt.
0.50 Acres
Built in 1975
Adult Community: No
Waterfront: No
Pool: No
View: No Ref: 36112-FHD1516625