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For Sale

.95 Acre property multi income investment property - potential to develop

182 Fairfield Drive,
Brewster, NY 10509

Asset Snapshot

100%
Occupancy

Offering Summary

Investment Overview

Rare .95-Acre Multi-Income Investment Property – Gas Station, Apartment & Residential Home A unique opportunity to own a diversified, income-producing property with three separate revenue streams and significant upside for future development. Current Income Streams: Gas Station – Long-term tenant in place with a lease through November 30, 2028. Station averages 40,000 gallons/month, with the property owner receiving a profit share on fuel sales. Includes 2 pumps under canopy. Convenience Store Apartment – Residential unit above the convenience store generating steady rental income. Residential Home – Additional home on-site, providing a third income stream. Development Potential: At just under 1 acre, this property offers substantial upside beyond its current use. Zoning and lot size may support development of multiple residential units or an apartment building (buyer to verify with local zoning authority). Why This Property: Multiple income streams under one roof reduce risk and vacancy exposure Long-term, in-place gas station lease provides income stability through 2028 Real estate with built-in redevelopment upside — ideal for an investor or developer looking to reposition the asset over time Contact us today for financials and to schedule a tour. Gross annual revenue: Gas sales $162,000 Residential house $39,600 Apartment above c-store $27,000 Gas station rent $48,000 Annual net operating income $234,900


Investment Highlights

  • .95 acres
  • Gas station tenant with lease until Nov 20th 2028
  • 2nd floor apartment on top of the c-store
  • Residential home
  • All with good standing tenants
  • Potential to develop
  • 8.7% cap rate

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Listing Syndicated From

Buildout
For Sale
$2,700,000
Asking Price