2525 Carmel AveBrewster, NY 10509

Property Details for 2525 Carmel Ave

Year built

1960

Lot size

0.71 AC

Property size (Sq ft)

1,408 SF

Zone code

SR 6

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

373089 67.6-1-35

APU

373089676135

Description

This Brewster, NY property at 2525 Carmel Ave offers a unique blend of commercial office and industrial space, ideally situated on Route 6, ensuring high visibility and excellent traffic flow. The building features a convenient front business entrance and a separate side garage bay boasting a generous 12-foot high clearance, perfect for various uses including warehousing, storage, or light manufacturing. The total usable space ranges from 750 square feet to 2500 square feet, allowing for flexibility in leasing options. A 12-month minimum lease is required for rental arrangements, with the possibility of leasing all or part of the available space. Ample parking is provided by two fenced lots, one located on each side of the building, ensuring convenient access for both employees and clients. The property is listed for sale at $635,000. This versatile space presents a compelling opportunity for businesses seeking a prominent location with both office and industrial capabilities. The property is zoned for commercial use and offers a combination of features that make it suitable for a wide range of commercial enterprises. The high ceilings in the garage bay provide ample vertical space for storage or equipment. The property's location on a main thoroughfare ensures high visibility and easy access for customers and employees. The two separate parking lots offer ample space for vehicles. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $288,653

  6.5%

  $266,449

  7%

  $247,417

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,152

  Geo Method

  $285,152

• Alternative Use

  Use

  Valuation

  Residential

  $266,449

  Hospitality

  $244,066

  Educational

  $203,060

  Medical

  $210,043

  Retail

  $315,871

Location Insight

City

Brewster

County

Putnam

State

New York

Latitude

41.3989

Longitude

-73.6308

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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