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    189 Brook St Scarsdale, NY 10583

    Sponsored
    For Sale
    $865,000

    Prime Scarsdale location, vacant land, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,888 square foot lot, located at 189 Brook Street in the highly sought-after town of Scarsdale, New York, presents a unique redevelopment opportunity. Situated in a vibrant, walkable area with high traffic, this property offers endless possibilities for both commercial and residential development. The lot, measuring 101 feet by 48 feet, is zoned RB (Retail Business), allowing for a diverse range of uses. The vacant land is ideal for a new construction project, with potential for a three- or four-story building exceeding 6,000 square feet. The property's prime location in Scarsdale, Westchester County, NY (zip code 10583), offers unparalleled access to amenities, transportation, and a thriving community. This is a rare chance to acquire a substantial parcel in a highly desirable area, perfect for investors seeking a mixed-use development project. The asking price for this vacant land is $865,000. This represents a significant investment opportunity in a prime location with substantial upside potential. Don't miss this chance to create a landmark development in the heart of Scarsdale.

    Property Features for 189 Brook St

    General Information

    Property type
    Multifamily properties

    HighLights

    • 4,888 square foot lot in Scarsdale, NY.
    • RB (Retail Business) zoning allows for diverse commercial and residential uses.
    • Located at 189 Brook Street in a high‑traffic, walkable area.
    • Potential for a new construction project exceeding 6,000 square feet.
    • Asking price: $865,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scarsdale
    County
    Westchester
    State
    New York
    Longitude
    -73.8037326
    Latitude
    40.9765448

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    FAQs

    What type of property is this?
    Multifamily property - Prime Scarsdale location, vacant land, high potential.
    Where is this multifamily property located?
    The property is located at 189 Brook St Scarsdale, NY.
    What is the asking price?
    The asking price for this property is $865,000.
    What are key features of this property?
    This property features: 4,888 square foot lot in Scarsdale, NY.; RB (Retail Business) zoning allows for diverse commercial and residential uses.; Located at 189 Brook Street in a high-traffic, walkable area.
    Request Owner's contact information
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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
    189 Brook St Scarsdale, NY 10583
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