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Property profile

56 Marvin Ave Brewster, NY 10509

OFF-MARKET
Showrooms
Property ID
US63-1080081
View Sample
1,680 SF 0.19 ac lot Built 2003
Individually Owned ~ Est. High Equity

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2003
Total area 1,680 SF
Lot 0.19 ac (8,276 SF)
Zoning code B3
APN 373001 67.35-1-3
UPID US63-1080081

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2025
2 recorded transactions
2025
$310,000
1969
Price N/A

Zoning & alternative use

B3 · Brewster, NY
Zoning description

Floor area ratio (FAR). Within the B3 District, the floor area ratio shall not exceed 2.0. G. Density. Residential single-family density shall not exceed one dwelling unit per lot. The density for townhome shall not exce…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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