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
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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.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
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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
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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
