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Scarsdale Retail/Residential Prime Asset 96-98 Brook St 4,000 SF 100% Leased Retail Building Scarsdale, NY 10583 $2,371,668 CAD ($592.92 CAD/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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| 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
$2,371,668 CAD
Price Per SF
$592.92 CAD
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 | $22,793 CAD (2024) |
| Land Assessment | $4,799 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $17,995 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
2489-058-000-00005-000-0016
Land Assessment
$4,799 CAD (2024)
Improvements Assessment
$17,995 CAD (2024)
Total Assessment
$22,793 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Scarsdale Retail/Residential Prime Asset | 96-98 Brook St
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