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Scarsdale Retail/Residential Prime Asset 96-98 Brook St 4,000 SF 100% Leased Retail Building Scarsdale, NY 10583 $1,699,000 ($424.75/SF)



Investment Highlights
- Heavy Traffic Count
- Strategically Located
- Income Producing Asset
- Ideal Retail/Office locatin
- Value Add Opportunity
- Owner/User Opportunity
Executive Summary
Prime Investment Opportunity: Take advantage of 100% Bonus Depreciation!
Capstone Associates is pleased to present a rare opportunity to acquire a double-lot, mixed-use property ideally situated on the border of Scarsdale and Eastchester, NY.
This offering includes a standalone retail building currently operating as Fashion Care Cleaners, which can be readily converted back to its original two-store layout. Adjacent to the retail space is a well-maintained, three-level residential home set on beautifully landscaped grounds, overlooking the property's private parking area.
Strategically located on Brook Street—a high-traffic connector linking Bronx River Parkway, Garth Road, and Scarsdale Road to White Plains Road—this property offers excellent visibility and accessibility, making it an ideal location for a variety of retail or professional business uses.
The residential home provides the potential for supplemental rental income or a convenient on-site residence for a business owner, with the added benefit of access to the Eastchester School District.
Additionally, the existing dry cleaning business, a long-standing local favorite, is available for purchase. The business is well-positioned for modernization and future growth under new ownership.
Capstone Associates is pleased to present a rare opportunity to acquire a double-lot, mixed-use property ideally situated on the border of Scarsdale and Eastchester, NY.
This offering includes a standalone retail building currently operating as Fashion Care Cleaners, which can be readily converted back to its original two-store layout. Adjacent to the retail space is a well-maintained, three-level residential home set on beautifully landscaped grounds, overlooking the property's private parking area.
Strategically located on Brook Street—a high-traffic connector linking Bronx River Parkway, Garth Road, and Scarsdale Road to White Plains Road—this property offers excellent visibility and accessibility, making it an ideal location for a variety of retail or professional business uses.
The residential home provides the potential for supplemental rental income or a convenient on-site residence for a business owner, with the added benefit of access to the Eastchester School District.
Additionally, the existing dry cleaning business, a long-standing local favorite, is available for purchase. The business is well-positioned for modernization and future growth under new ownership.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,000 SF
Year Built/Renovated
1960/2000
Price
$1,699,000
Price Per SF
$424.75
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.34
Lot Size
0.27 AC
Zoning
RB - Please see attached permitted use regulations and dimensional regulations for non-residential zones in the Town of Eastchester.
RB Zone
Frontage
103’ on Brook Street
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2489-058-000-00005-000-0016 | Total Assessment | $16,150 (2024) |
| Land Assessment | $3,400 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $12,750 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
2489-058-000-00005-000-0016
Land Assessment
$3,400 (2024)
Improvements Assessment
$12,750 (2024)
Total Assessment
$16,150 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Scarsdale Retail/Residential Prime Asset | 96-98 Brook St
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