56 Marvin Ave Brewster, NY 10509
- Showrooms
- 1,680 SF
- 0.19 lot acres
Current Use by Public Records
- Showrooms
Property Details for 56 Marvin Ave
- Year built
- 2003
- Lot size
- 0.19 lot acres
- Property size
- 1,680 SF
- Zone code
- B3
- Property type
- Showrooms
- APN
- 373001 67.35-1-3
- APU
- 373001673513
Description
This 1,680 square foot industrial property, situated on a 0.19-acre lot at 56 Marvin Ave in Brewster, NY, presents a compelling investment opportunity. Currently configured as a fence company, the building offers versatile space ideal for a variety of uses. The main level provides ample room for operations, complemented by substantial rear storage. A full bathroom is conveniently located on the main level. Upstairs, a second floor offers additional office space, accessible via an interior staircase. While the second floor and staircase require some rehabilitation, the potential for functional upgrades is significant. The property's excellent location in Brewster adds to its appeal. The building's current setup, including the existing storage and office space, provides a solid foundation for a new owner to customize and expand upon. The property is priced competitively at $399,000, making it an attractive option for entrepreneurs and investors seeking a well-located industrial space with significant potential. Buyers are advised to exercise caution when using the staircase to the second floor due to the need for rehabilitation. This property is ready for its next chapter, offering a blend of existing infrastructure and opportunity for improvement. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $365,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $400,000
- Mixed-Use
- $310,000
- Hospitality
- $375,000
- Educational
- $320,000
- Residential Income
- $420,000
- Energy
- $360,000
- Income-Based Land
- $405,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Brewster
- County
- Putnam
- State
- New York
- Longitude
- -73.6139
- Latitude
- 41.3947
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA