Three-Story Office Building with
For Sale
$3,800,000
155 Main Street, Brewster, NY 10509
The professional property offers multiple entrances, ample surface parking, and a high level of occupancy.
Property Size16,254 SF
Price / SF$233.79
Days on Market143
Property Features for 155 Main Street
General Information
Standard status
Active
Size
16,254 SF
Total Parking Spaces
80
Elevators
Yes
Property subtype
Commercial
Zoning
B3
Occupancy
90%
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$46,593
Building Details
Building Size
16,254 SF
Year Built
1955
Buildings
1
Stories
3
Units
13
Listing Agency:
VJF Realty of Brewster Inc
Listed By:
Linda Ficarra
(845) 553-3285
Source:
Croninreale
Added: Jun 4
Changed: Oct 23
Last Checked: Oct 23 at 3:41PM
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 VJF Realty of Brewster Inc
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Investment Insights
Based on property information with market context.
This three-story office building contains 16,254 square feet and is equipped with an elevator. Three separate entrances serve the property, with an 80-car parking lot on site. Built in 1955, the building is zoned B3 and is currently 90% occupied.
The property is on Main Street in Brewster, approximately one mile from I-684/84.
The property is on Main Street in Brewster, approximately one mile from I-684/84.
Key Highlights
- 16,254‑square‑foot office building
- Three stories with elevator service
- 80‑car parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,321
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,686,420
$5.7M
Cap Rate 7%
$4,061,729
$4.1M
Cap Rate 9%
$3,159,122
$3.2M
Market Conditions
NOI Build-Up for 16,254 SF
Gross rent
$440.8K $27.12/SF
− Vacancy
−$61.7K −$3.80/SF
EGI
$379.1K $23.32/SF
− OpEx
−$94.8K −$5.83/SF
NOI
$284.3K $17.49/SF
Area
Putnam County, NY
Vacancy
14.00%
Lease Rate
$27.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,686,420
Cap Rate 7%
$4,061,729
Cap Rate 9%
$3,159,122
Alternative Uses
Best Use
Office B
$4.06M
$3.55M – $4.74M
NOI $284,321 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.75M
$9.40M – $12.54M
NOI $752,276 @ 7.0% cap · market cap 19.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
90%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 10509, NY
19,501
Population
7,839
Households
2.5
Avg Household Size
44
Median Age
43%
College-Educated
91%
High-School Grad
36.1 sq mi
ZIP Area
540
Density / Sq Mi
$120,987
Median Household Income
$59,048
Median Earnings
$1,836
Median Rent
$430,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - The professional property offers multiple entrances, ample surface parking, and a high level of occupancy.
Where is this office building located?
The property is located at 155 Main Street Brewster, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 16,254‑square‑foot office building; Three stories with elevator service; 80‑car parking lot
