Duplex with Separate
For Sale
$560,000
1008 Hudson Avenue, Peekskill, NY 10566
Two distinct apartments feature individual gas and electric meters, along with separate heating and hot-water systems.
Property Size1,460 SF
Price / SF$383.56
Days on Market18
Property Features for 1008 Hudson Avenue
General Information
Standard status
Active
Size
1,460 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Multifamily Units
2
Individually Metered Utilities
electricity, gas
Additional Details
Gross Income
$57,600
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$11,180
Amenities
hardwood floors
off-street driveway parking
low-maintenance yard
covered front porch
finished legal storage attic
First Floor Bedroom
First Floor Full Bath
Built-in Features
Ceiling Fan(s)
Building Details
Building Size
1,460 SF
Year Built
1907
Buildings
1
Units
2
Listing Agency:
Coldwell Banker Realty
(914) 245-3400
Listed By:
Suzanne Welch
(914) 557-3760
Source:
Gillianstewart
Added: Oct 7
Changed: Oct 23
Last Checked: Oct 23 at 2:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1907 duplex contains 1,460 square feet across two apartments. The lower unit has one bedroom, a living room, and an eat-in kitchen with a large pantry; the upper unit includes two bedrooms, a living room, and a large eat-in kitchen. An approximately 330-square-foot finished legal storage attic is additional to the stated building area. Both apartments have hardwood floors, separate gas and electric meters, and individual Navien gas-fired combi boilers for heat and hot water.
Improvements include a new roof and updates to the electrical, plumbing, and bathrooms. The property also has driveway parking, a covered front porch, and a low-maintenance yard. Tenants are in place. The address is near Metro-North, downtown Peekskill, restaurants, shops, entertainment, and Hudson River waterfront parks.
Improvements include a new roof and updates to the electrical, plumbing, and bathrooms. The property also has driveway parking, a covered front porch, and a low-maintenance yard. Tenants are in place. The address is near Metro-North, downtown Peekskill, restaurants, shops, entertainment, and Hudson River waterfront parks.
Key Highlights
- Two apartments: one‑bedroom lower unit and two‑bedroom upper unit
- 1,460 square feet of building area, plus approximately 330 square feet of finished legal storage attic
- Separate electric and gas meters and individual Navien combi boilers for each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,438
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,760
$568.8K
Cap Rate 7%
$406,257
$406.3K
Cap Rate 9%
$315,978
$316.0K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$43.4K $29.76/SF
− Vacancy
−$2.8K −$1.93/SF
EGI
$40.6K $27.83/SF
− OpEx
−$12.2K −$8.35/SF
NOI
$28.4K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,760
Cap Rate 7%
$406,257
Cap Rate 9%
$315,978
Alternative Uses
Best Use
Multifamily LT 5
$406.3K
$355.5K – $474.0K
NOI $28,438 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$357.7K
$313.0K – $417.4K
NOI $25,042 @ 7.0% cap · market cap 4.47%
Theoretical Best
Retail
$441.0K
$385.9K – $514.5K
NOI $30,871 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
Explore this area
Business Placement
Demographics for 10566, NY
25,384
Population
11,752
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
86%
High-School Grad
4.3 sq mi
ZIP Area
5,903
Density / Sq Mi
$91,042
Median Household Income
$49,844
Median Earnings
$1,895
Median Rent
$376,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct apartments feature individual gas and electric meters, along with separate heating and hot-water systems.
Where is this duplex located?
The property is located at 1008 Hudson Avenue Peekskill, NY.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Two apartments: one‑bedroom lower unit and two‑bedroom upper unit; 1,460 square feet of building area, plus approximately 330 square feet of finished legal storage attic; Separate electric and gas meters and individual Navien combi boilers for each apartment
