Cushman & Wakefield’s Capital Markets Group is pleased to present for sale 111 Brook Street in Scarsdale, New York (the “Property”) for $7,100,000.
111 Brook Street is a 29,766± RSF three-story building that is 70% leased to a combination of street-level retail tenants as well as office tenants on the second and third floors. The opportunity exists to re-tenant the space with multiple tenants or a single tenant. Many of the second and third floor office suites have private terraces. The Property encompasses 65 on-site parking spaces, 30 are covered and 22 are tandem spaces. The building is currently serviced by both oil and natural gas heat, but there is natural gas capacity to convert the building to fully natural gas heat. Additionally, the building’s electricity supply is supplemented by solar panels on the roof.
The Property’s ideal location within Scarsdale, <1 minute from Exit 10 of the Bronx River Parkway, provides it with excellent roadway access to the major highways that give Scarsdale one of the best north-south and east-west connections in the northern suburbs. 111 Brook Street is also conveniently located only 4 minutes from the Scarsdale Metro-North Train Station (30-minute ride to Grand Central Terminal).