111 Brook St, Scarsdale, NY 10583
Renovated elevator office/retail building with covered parking and an included RB-zoned parking parcel.
- Added:
- May 4, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 24 at 3:38 am
Property Features for 111 Brook St
General Information
- Standard status
- Active
- Size
- 30,262 SF
Listing office Houlihan Lawrence Inc. (914) 575-1623
Listing date May 4, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Houlihan Lawrence Inc.
HighLights
- 30,262 SF three‑story brick and masonry office/retail building with elevator
- Fully renovated in 2022 with modernized building systems and enhanced upgrades throughout
- 93% occupied with an on‑site covered parking lot for +/-60 cars
- Included in sale: 10,000 SF parcel at 103‑107 Montgomery Avenue operating as a +/-30‑car parking lot
- Included parcel is zoned RB, offering potential future development optionality
- Centrally located at a high‑traffic signalized intersection with access to Scarsdale Metro‑North, Bronx River Pkwy, Hutchinson River Pkwy, and Route 22
Overview
The asset is centrally located on a high-traffic signalized intersection and is positioned for visibility. It is surrounded by an adjacent park, local retailers, and offers exceptional street parking. Access is supported by nearby connections to Scarsdale Metro-North Station, the Bronx River and Hutchinson River Parkways, and Route 22.
The offering includes a separate 10,000-square-foot parcel at 103-107 Montgomery Avenue, currently operating as an approximately 30-car parking lot. That parcel is zoned RB, which may support future development or continued use as parking to serve the main building. For tenants and operators, the mix of office and retail space, combined with structured parking, can support a range of business needs in a Westchester, high-barrier-to-entry submarket.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.05M | $34.80 |
| − Vacancy | −$139.0k | −$4.59 |
| EGI | $914.1k | $30.21 |
| − OpEx | −$274.2k | −$9.06 |
| NOI | $639.9k | $21.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scarsdale
- County
- Westchester
- State
- New York
- Longitude
- -73.8063081
- Latitude
- 40.9782245
