Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
8,911 SF
Site
0.56 acres
Price / SF
$180
NOI
$178,404
Year built
1950
Zoning
PB
The offering
Prime Location & Investment Opportunity in the Heart of Brewster! Located directly across from the Brewster Metro-North Station, this multi-family property offers exceptional convenience with approximately a 2-minute walk to the train—ideal for commuters and tenants alike. The property features 5-car garage capacity, ample off-street parking, and laundry potential, providing additional opportunities to increase rental income and value. Long-term tenants are already in place, offering an attractive foundation for an investor looking for an income-producing property. Heating systems and water heaters have been updated, while most units have been renovated, with ongoing repairs and maintenance completed as needed. Recent exterior improvements include the back interior hallway being freshly painted and the entire house power washed this summer. A rare opportunity to own a well-located multi-family property with strong rental appeal, parking, garage space, and convenient access to Metro-North, shopping, restaurants, and downtown Brewster.
Building & site
Interest conveyedFee simple
Gross building area8,911 SF
Building typeMulti Family
Property typeMulti Family
Year built1950
Land area0.56 acres
Land area, SF24,400 SF
WaterPublic
SewerPublic Sewer
HeatBaseboard, Natural Gas
Tax parcel37300167.34-1-7
Number of buildings3
Parking spaces10
Electric utilityNYSEG
Distance to train0.1 mi
Zoning & permitted uses
District
PB
Permitted uses are governed by the Southeast zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$178,404
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Location, access & trade area
Trade area
Measure
Southeast
Putnam County
Population
18,180
98,409
Daytime population
18,280
81,184
Population density
516 / sq mi
427 / sq mi
Households
7,256
36,404
Median household income
$110,815
$121,485
Mean travel time to work
34 min
40 min
Median home value
$446,900
$531,600
Median gross rent
$1,755
$1,505
Unemployment (May 2026)
3.3%
Not stated
School districts
Brewster, Carmel, Danbury, New Fairfield, North Salem, Ridgefield
Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.
Taxes & assessment
2025 taxes
$23,908
Assessed value
$700,000
Land assessment
$42,900
Full market value
$700,000
Owner of record
Hoyt St 8, LLC
School district
Brewster
Property class
411 · Convrted apt
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.
