218 N James Street,Peekskill, NY 10566
Peekskill, NY 10566
Description
Beautifully restored Victorian seven-family income-producing property in the heart of Peekskill. This impressive three-story multifamily home combines timeless architectural character with extensive modern updates. The interior was fully renovated in 2019, with the exterior also refreshed, offering an attractive, well-maintained investment opportunity. The three-story building features two apartments on each floor, plus an additional basement-level unit with windows, providing a total of seven units. Tenants pay their own utilities, helping maximize the property's income potential. All units are currently on a month-to-month basis, providing flexibility for an investor or owner looking to manage the property strategically.All apartments are equipped with a video intercom system, and additional storage is available in the basement. Ample off-street parking behind the property is shared by the tenants-an important amenity in a multifamily setting. There is also potential to add laundry facilities, creating an additional opportunity for income and tenant convenience. *Peekskill is a market-rate rental market and is not subject to local rent stabilization. Conveniently located in Peekskill with easy access to Metro-North, shopping, dining, entertainment, parks, and the vibrant downtown area. An excellent opportunity for investors seeking a turnkey multifamily property with additional upside potential.
Details
| MLS # | 1041015 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 61 |
| Listing Provided By | Compass Greater NY, LLC | Patricia A. Wagner |
Features
| SQ Feet | 5,665 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 7 |
| Building(s) | 1 |
| Acreage | 0.26 |
| Property View | City, Neighborhood |
Interior
| Cooling | None |
|---|---|
| Heating | Electric |
| Appliances | Gas Range, Refrigerator, Tankless Water Heater |
Exterior
| Security Features | Fire Sprinkler System, Video Cameras |
|---|---|
| Construction Materials | Frame |
Parking
| Parking Features | Common, Off Street |
|---|
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 27000 |
| Tax Annual Amount | 33916 |
Area Information
| State | NY |
|---|---|
| County | Westchester County |
| City | Peekskill |
| Zip Code | 10566 |
| School District | Peekskill High School |
| Elementary School | Hillcrest |
| High School | Peekskill High School |
| Listing VS Median (in 10566) | |
Price: $1,750,000 low | high Med: $415,000 sqft: 5,665 low | high Med: 1,200 $ / sqft: $309 low | high Med: $346 On site: 61 low | high Med: 124 | |
Market Activity 10566
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Learn More About This Property
| State | NY |
|---|---|
| County | Westchester County |
| City | Peekskill |
| Zip Code | 10566 |
| School District | Peekskill High School |
| Elementary School | Hillcrest |
| High School | Peekskill High School |
| Listing VS Median (in 10566) | |
Price: $1,750,000 low | high Med: $415,000 sqft: 5,665 low | high Med: 1,200 $ / sqft: $309 low | high Med: $346 On site: 61 low | high Med: 124 | |
 | $1,325,222911 South StreetPeekskill, NY 10566 |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
