1485 Route 22 Brewster, NY 10509
This exceptional freestanding commercial building, located at 1485 Route 22 in Brewster, NY 10509, presents a unique investment opportunity. The 2,315 square foot property boasts a versatile layout, ideal for owner-occupancy or dual-income generation. The main level offers adaptable retail or office space, previously used as a dog grooming business, featuring a spacious reception area (20x11), three small rooms, three larger rooms (three with water hookups), and a restroom. Above, a charming two-story, one-bedroom apartment provides separate living quarters with its own entrance, kitchen, living room, full bath, large bedroom, and walk-in closet. Additional storage is available in the unfinished basement. Renovated between 2015 and 2019, upgrades include electrical, plumbing, HVAC systems, the apartment addition, septic system, roof, and siding. The property sits on a 99-year land lease with 56 years remaining. Benefitting from a prime location on Route 22, with an average annual daily traffic count of 22,636 vehicles, the building is adjacent to major shopping plazas and minutes from I-684/84 and multiple Metro-North train stations. Prior approved plans for an attached garage with additional second-story space exist, though they have expired. This property is zoned SR-22 and is offered at $489,000 ($211.23/sq ft). This is a ready-to-occupy building with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.