3925 Danbury RdBrewster, NY 10509

Property Details for 3925 Danbury Rd

Year built

1950

Lot size

2.18 AC

Property size (Sq ft)

1,500 SF

Zone code

SR 6

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

373089 69.13-1-20.-1

APU

37308969131201

Description

This exceptional mixed-use property, located at 3925 Danbury Road in Brewster, NY, presents a unique investment opportunity. The 3,896 square foot building sits on a generous 2.18-acre lot and combines a thriving automotive repair shop with a three-bedroom residential apartment. This versatile setup allows for multiple income streams, maximizing return on investment. The automotive repair shop is currently operational, providing immediate cash flow. The spacious three-bedroom apartment above offers additional rental income potential, either through long-term tenancy or short-term rentals. Further enhancing the property's profitability are the existing cell phone tower and billboard lease agreements, generating consistent passive income. The property's strategic location in Brewster, NY, offers excellent visibility and accessibility, ensuring a strong customer base for the automotive repair shop and attracting potential tenants for the apartment. This is a rare opportunity to acquire a well-established, high-income-generating property with significant upside potential. The substantial lot size also allows for future expansion or development, subject to local zoning regulations. This turnkey operation is ideal for an investor seeking a diversified portfolio or an entrepreneur looking to expand their business. The combination of active and passive income streams makes this a truly compelling investment. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $247,995

  6.5%

  $228,918

  7%

  $212,567

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,990

  Geo Method

  $195,990

• Alternative Use

  Use

  Valuation

  Residential

  $283,859

  Hospitality

  $260,013

  Educational

  $216,328

  Medical

  $223,768

  Retail

  $336,510

Location Insight

City

Brewster

County

Putnam

State

New York

Latitude

41.3873

Longitude

-73.5516

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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