Two-Family Residential Property

800 Oakwood Drive Peekskill, NY 10566

Claim this Listing
For Sale
$659,000

MULTI_FAMILY - Colonial - Peekskill, NY

Property size:
3,073 SF
Lot size:
0.32 Acres
Price / SF:
$214/SF
Added:
Jun 13, 2026
Days on Market:
30
Last Refresh:
Jul 12 at 7:06 am

Property Features for 800 Oakwood Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 4, Basement, Bathroom 2
Parking features
Assigned, Garage, Driveway
Patio and Porch features
Deck, Patio, Porch
Interior features
First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen
Exterior features
Garden
Basement
Storage Space, Partially Finished, Walk-Out Access
Standard status
Active
APN
1200-023-014-00005-000-0005
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
15235

Utilities

Sewer type
Public Sewer
Heating system
Oil, Baseboard
Water source
Public

Building Details

Year built
1925
Number of units
2
Flooring type
Carpet, Combination, Hardwood
Building materials
Frame, Stone
Architectural style
Colonial

Listing agent Suzanne Welch

Listing office Coldwell Banker Realty 366 Underhill Ave, White Plains, NY

Listing date Jun 13, 2026

MLS# 1012536 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained two-family home at 800 Oakwood Drive offers two separate units in a practical, liveable layout. Each unit includes two bedrooms plus an additional room that is currently used for laundry and storage, which could also be adapted as a third bedroom, home office, or flex space. The property includes a finished lower level and is described as cared for over the years, with room for cosmetic updates. The home totals 2,506 sf plus a 567 sf finished lower level, set on a 0.3177-acre lot.

Located in a quiet, tree-lined Peekskill neighborhood, the property provides convenient access to shopping, dining, schools, and parks. The listing also notes proximity to major commuter routes, including the Bear Mountain Parkway, for travel throughout Westchester and the Hudson Valley.

Designed for a range of ownership strategies, the configuration supports living in one unit while renting the other, or operating the property as a dependable residential income asset. Current tenants are long-term month-to-month residents and would like to stay. Off-street parking and an uncommon three-car garage add daily convenience and help round out the overall usability of the home and outdoor space.

Key Highlights

  • Well‑maintained two‑family home built in 1925 with Colonial architectural style
  • Each unit includes two bedrooms and has an additional large room used for laundry/storage
  • Potential flex space: additional room could be used as a third bedroom, home office, or flex space

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $101.4k $33.00
− Vacancy −$5.6k −$1.82
EGI $95.8k $31.19
− OpEx −$43.1k −$14.03
NOI $52.7k $17.15
3,073 SF · lease $33.00/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$855.1K
$748.2K – $997.6K (±1% cap)
NOI $59,856 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$753.0K
$658.8K – $878.5K (±1% cap)
NOI $52,707 @ 7.0% cap · market cap 8.00%
Theoretical Best
Retail
$928.2K
$812.2K – $1.08M (±1% cap)
NOI $64,977 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Home Appliance Store Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-bedroom units with flexible extra rooms, a finished lower level, and three-car garage on a quiet lot.
Where is this duplex located?
The property is located at 800 Oakwood Drive Peekskill, NY.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1925 with Colonial architectural style; Each unit includes two bedrooms and has an additional large room used for laundry/storage; Potential flex space: additional room could be used as a third bedroom, home office, or flex space
Contact an agent
More about this property
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