200 Washington StPeekskill, NY 10566

For Sale
$1,200,000

Prime Peekskill location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Peekskill, NY investment opportunity presents a beautifully maintained mixed-use building at 200 Washington Street. The property boasts a total of 6,000 square feet across three stories, situated on a 0.174-acre lot (APN: 1200-032-012-00006-000-0009). Built in 1945 and zoned C3, it offers a diverse range of uses, currently including three residential units, a retail storefront, and warehouse storage space. The building is 100% occupied with a net lease in place, offering a 6.00% cap rate and an asking price of $1,200,000. The current lease has one year remaining. On-site parking is available via driveway, lot parking, and off-street options. The property's versatility allows for a variety of permitted uses, including auto sales, business, food services, mixed-use, office, residential, retail, and warehouse. This multi-tenant building presents a strong investment opportunity with significant upside potential due to below-market rents. The property's central Peekskill location ensures high demand and enduring value. Don't miss this chance to acquire a well-established, income-producing asset in a thriving New York market.

Highlights

  • Mixed-use building with office, retail, and warehouse space.
  • Permitted uses include auto sales, business, food service, mixed-use, office, residential, retail, and warehouse.
  • Investment property with a 6% cap rate and $1,200,000 asking price.
  • Exclusive listing with five total units, three of which are residential.
  • 1945 construction; no elevator.
  • Driveway, lot, and off-street parking available.

Property Details for 200 Washington St

Property type
Other warehouses, Other retail properties
Square Feet
6,000 SF
Year Built
1945
Stories
3
Lot Size (sq. ft)
7,579 SF
Units
5

Location Insight

City
Peekskill
County
Westchester
State
New York
Latitude
41.2867146
Longitude
-73.9252551
200 Washington St, Peekskill, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
200 Washington St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message