MLS#994490
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLEastchester
Property Description
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 intersection, the property benefits from high visibility and issurrounded by an adjacent park, local retailers, and exceptional street parking. The location is anchored byconvenient 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.
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.50 Acres
Stories: 3.0
Taxes: $129,545
Year Built: 1975
Feature Descriptions
Appliances: Gas Water Heater
Building Area Total: 30262
Building Features: Bathrooms, High Speed Internet, Janitorial Service, Lobby, Ramp
Business Type: Mixed
Cap Rate: 7
Exterior: Block, Brick
Green Energy Generation: Solar
Leasable Area: 30262
Lot Features: Corner Lot, Level
On Market Date: 2026-05-04
Parcel Number: 2489-059-000-00005-000-0001
Parking Features: Assigned, Parking Lot, Tandem
Parking Total: 63
Rental Term: Monthly
Sewer: Public Sewer
Units: 18
Utilities: Natural Gas Connected
Water: Public
Local Schools
School District: Eastchester
Listed By / Shown By
Listing By
Agency Name: Houlihan Lawrence Inc.
Agency Contact: 914-337-0400
Shown By
Agent Name: Thomas Dibiasi
Agent Phone: (516) 293-2323
Agency Title: Coldwell Banker American Homes
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111 Brook Street | MLS# 994490
This commercial property located at 111 Brook Street , Scarsdale, NY 10583 is currently listed for sale with an asking price of $8,995,000. Brook Street is located within the Eastchester school district. Search Scarsdale real estate on thomasdibiasi.cbamhomes.com today.