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    3-Story Office Building with Elevator Title is generated by Realmo AI

    155 Main Street, Brewster, NY 10509

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    Claim this Listing
    New
    For Sale
    $4,250,000

    SINGLE_FAMILY - Brewster, NY

    Type:Office
    Lot size:
    0.92 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 3:06 am

    Property Features for 155 Main Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    B3
    Rooms
    Basement
    Parking
    80
    Parking features
    Parking Lot
    Security features
    Security Lighting
    Fencing
    Chain Link, Fenced
    Basement
    Walk-Out Access, Finished
    Accessibility
    Accessible Elevator Installed, Accessible Approach with Ramp
    Standard status
    Active
    APN
    373001-067-035-0001-050-000-0000
    Lot size
    0.92 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    46593

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Electric (Heating), Natural Gas
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1955
    Floors in Building
    3
    Number of units
    13
    Building materials
    Batts Insulation, Block, Stucco

    We can help!

    Listing Contact
    Linda Ficarra

    Listing agent Linda Ficarra

    Listing office VJF Realty of Brewster Inc P.O. Box 402, Brewster, NY

    Listing date Jun 4, 2026

    MLS# 1008903

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3‑story professional building with elevator and 80‑car parking lot
    • Multiple access points with 3 entrances
    • Accessibility features include an installed accessible elevator and ramped approach
    • About 90% occupied, with a total of 3 entrances serving the building
    • Utilities include public water and public sewer
    • Year built: 1955; construction materials include block and stucco

    Overview

    155 Main Street, Brewster, NY 10509 presents a 3-story professional office building designed for tenant accessibility and day-to-day operations. The property includes an on-site elevator and three separate entrances, providing multiple points of access for staff and visitors. On-site parking supports tenant and client needs with an approximately 80-car parking lot.

    The building is positioned on Main Street and is described as only one mile from I-684/84, supporting convenient regional access for professional services. The property is listed under zoning B3.

    For buyers seeking a multi-tenant office asset, the building is reported as 90% occupied. This occupancy profile may appeal to tenants and operators looking for space within an established professional building. With elevator service, multiple entrances, and meaningful parking, the configuration can accommodate a range of office users that require convenient access and on-site client parking. For sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    WIC Program at Open ... Medical Clinic Open Door Family ... Medical Clinic Jorge Martin Espana Pediatrician CEZU SERVICES Association / Organization Search For Change Crisis Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brewster
    County
    Putnam
    State
    New York
    Longitude
    -73.609688
    Latitude
    41.3955532

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    FAQs

    What type of property is this?
    Office building - Three entrances, on-site elevator service, and an 80-car parking lot support multiple professional office uses.
    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 $4,250,000.
    What are key features of this property?
    This property features: 3‑story professional building with elevator and 80‑car parking lot; Multiple access points with 3 entrances; Accessibility features include an installed accessible elevator and ramped approach
    (845) 553-3285
    We can help!
    Listing Contact
    Linda Ficarra
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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