911 South Street,Peekskill, NY 10566
Peekskill, NY 10566
Description
Welcome to 911 South Street, a rare mixed-use commercial multiple building complex offering exceptional income in one of historic downtown Peekskill's most vibrant and sought-after locations. Net profit EXCEEDS $100,000 per year and a Cap Rate of 7.9% (excluding a management fee and minor repairs). This unique asset features five fully independent units, each with its own separate utility meter, providing maximum flexibility for investors, owner-users, and entrepreneurs alike. The property is currently fully leased and generating strong rental income, making it an attractive turnkey investment. However, an owner-user is a possibility in a commercial space. The unit mix includes an established restaurant with capacity for 74 people, an ice cream parlor with an additional lounge, one professional office space, and two New York-Soho style artist lofts, creating a diverse and stable income stream. Situated in a high-visibility location within Peekskill's thriving Artist District, the property benefits from excellent pedestrian and vehicle traffic, surrounded by local businesses, dining, arts, and cultural attractions, including the Paramount Theater. The independently operating units allow for multiple ownership strategies, including continued investment income, live/work opportunities, or future tenant repositioning. Whether you're looking to expand your portfolio or acquire a cash-flowing commercial asset in a dynamic growth market, 911 South Street presents an exceptional opportunity. Don't miss your chance to own a performing asset in one of Westchester County's emerging commercial corridors.
Details
| MLS # | 1018002 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 139 |
| Listing Provided By | Mark Seiden Real Estate Team | Mark J. Seiden |
Features
| SQ Feet | 6,650 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Zoning | C2 |
| Acreage | 0.12 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Natural Gas |
Exterior
| Security Features | Fire Sprinkler System |
|---|---|
| Construction Materials | Clapboard |
Parking
| Parking Features | Open |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 18400 |
| Tax Annual Amount | 20894 |
| Tax Lot | 9 |
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: $1,325,222 low | high Med: $415,000 sqft: 6,650 low | high Med: 1,200 $ / sqft: $199 low | high Med: $346 On site: 139 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: $1,325,222 low | high Med: $415,000 sqft: 6,650 low | high Med: 1,200 $ / sqft: $199 low | high Med: $346 On site: 139 low | high Med: 124 | |
 | $1,100,000122 N Broad 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
