1485 Route 22, Brewster, NY, 10509 | $450,000

This freestanding building is available now for immediate occupancy on heavily travelled Route 22 in Brewster. The 2, 315 SF building has both retail/commercial space on the first floor and a legal two story one bedroom residential apartment with its own private entrance. . Versalility in a great investment opportunity with 2 rentals, or to owner occupy and live where you work! The last use of the space was with a dog grooming service and before that a Real Estate Office. The building was renovated between 2015 to 2019. The retail space is divided into 8 rooms, with a very large and welcoming 20 x 11 reception area, restroom, 3 small rooms and 3 large rooms, with 3 of the rooms having water hookups. The apartment is off-the-chart in charm. Kitchen, living room, and full bath are located on the first floor, and there is a large bedroom and walk-in closet on the second floor. Additional storage in the large unfinished basement. There was prior approved plans for an attached two-car garage with second story storage space. The plans have since expired, but there is potential for the next owner to renew. The location cannot be beat. The average annual daily traffic count is 22, 636 vehicles. It is adjacent and across the street from two major professional/shopping plazas and is minutes to I84/684 and multiple Metro North train stations. On land lease with the adjacent Citgo gas station. There are currently 56 years left on the land lease with option to renew of an additional 99. This building is ready for you to write its next chapter!

Features

  • Property Type: Retail
  • Construction: Frame
  • Utilities: Electricity Connected, Natural Gas Connected, Trash Collection Private, Water Connected
  • Parking: Parking Lot
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Units: 2
  • Est. Taxes: $10,384
  • Lot Desc: Level, Sloped
  • Appliances: Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
  • MLS#: 844712
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/844712/1485route22_brewster_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Debra MeyersSales Associate

716.440.2870

Debra.Meyers@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1485 Route 22, Brewster, NY, 10509

$450,000

Debra Meyers

Sales Associate

William Raveis Real Estate

Phone: 716.440.2870

Debra.Meyers@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.695% 6.810% 6.026%
Monthly Tax Payment $865 $865 $865
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,072 $2,305 $2,989
Total Monthly Payment $3,012 $3,245 $3,929

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.