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    1037 Ny-22 Brewster, NY 10509

    Sponsored
    For Sale
    $1,950,000

    Prime Route 22 location, vacant, 22,164 sq ft.

    Property size:
    22,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a 22,164-square-foot building situated on a 4.33-acre lot at 1037 Route 22 in Brewster, New York, zip code 10509. The property, formerly an OTB location, boasts a highly accessible location directly off I-684, offering unparalleled convenience. The building, constructed in 1970 with a significant addition in 2013, features two stories and three units. The 2013 renovation provides a modern foundation for a variety of uses. The property includes ample parking for over 100 vehicles, private water and sewer, and a fully sprinklered system. Zoned SR6, this versatile space is ideal for retail, office, medical, or recreational facilities. The asking price is $1,950,000, translating to $87.98 per square foot. This vacant property presents a unique chance to capitalize on a prime location and substantial square footage in a thriving Putnam County market. The property's size and location make it an attractive investment for developers seeking a high-impact project.

    Property Features for 1037 Ny-22

    General Information

    Property type
    Restaurants
    Square Feet
    22,164 SF
    Lot Size
    188,615 SF

    Building Details

    Year Renovated
    2013
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • 22,164 square feet of rentable space.
    • Over 100 parking spaces.
    • Fully sprinklered fire protection system.
    • On‑site well and septic system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brewster
    County
    Putnam
    State
    New York
    Longitude
    -73.595988
    Latitude
    41.3966071

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    FAQs

    What type of property is this?
    Restaurant - Prime Route 22 location, vacant, 22,164 sq ft.
    Where is this restaurant located?
    The property is located at 1037 Ny-22 Brewster, NY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 22,164 square feet of rentable space.; Over 100 parking spaces.; Fully sprinklered fire protection system.
    Request Owner's contact information
    1037 Ny-22 Brewster, NY 10509
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    Realmo Value Estimation

    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.

    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.

    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
    1037 Ny-22 Brewster, NY 10509
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