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111 Brook St

scarsdale, NY 10583

$8,995,000

    Interested? Let's Connect

    111 Brook Street o?ers a compelling chance to acquire an o?ce/retail asset in the highly sought-after Scarsdale, NY
    submarket 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 parking
    lot, is included in the sale and zoned RB, presenting exceptional future development optionality. Whether held as
    parking 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 intersection, the property benefits from high visibility and is
    surrounded by an adjacent park, local retailers, and exceptional street parking. The location is anchored by
    convenient access to Scarsdale Metro-North Station, Bronx River and Hutchinson River Parkways, and Route 22.

    Signed NDA and Proof of Funds required for additional information.

    Details

    30,262 Sq Ft

    0.5 Private Acres Lot Size

    commercial

    $129,545 Annual Tax

    Built in 1975

    MLS/Listing ID 994490

    18 Units

    Amenities & Features

    Parking - Tandem

    Lot - Corner Lot

    Lot - Level

    Heating - Forced Air

    Cooling - Central Air

    Public Sewer

    Parking - Assigned

    Parking - Parking Lot

    Public Water

    Gas Water Heater

    Construction - Brick

    Construction - Block

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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