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Duplex with Finished Attic
For Sale
$560,000

1008 Hudson Avenue, Peekskill, NY 10566

Residential Income, Peekskill, NY

Property Size1,460 SF
Lot Size0.06 Acres
Price / SF$383.56
Days on Market8

Property Features for 1008 Hudson Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Parking 2
Parking features Off Street, Driveway, Tandem, On Street
Patio and Porch features Porch
Interior features First Floor Bedroom, First Floor Full Bath, Built-in Features, Ceiling Fan(s)
Basement Storage Space, Unfinished, Full
Elementary school Woodside Community School
Middle school Peekskill Middle School
High school Peekskill High School
Elementary school district Peekskill
Middle school district Peekskill
High school district Peekskill
Standard status Active
APN 1200-033-046-00001-000-0002
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11180

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

hardwood floors
off-street parking
covered front porch
low-maintenance yard

Building Details

Year built 1907
Number of units 2
Flooring type Hardwood
Building materials Frame
Architectural style Colonial
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Suzanne Welch
Added: Sep 29 Changed: Oct 6 Last Checked: Oct 6 at 7:06PM
MLS# 1053248

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 1907 frame Colonial contains two apartments: a first-floor unit with one bedroom and an upper unit with two. Both have eat-in kitchens, and the lower apartment opens to the rear yard. A finished legal storage attic of approximately 330 square feet is accessible from the second-floor unit. Hardwood floors, a covered front porch, and driveway parking are among the property’s features. Updates include a replacement roof, electrical and plumbing work, and bathroom improvements.

Each apartment has separate gas and electric meters and an individual Navien gas-fired combi boiler for heat and hot water. The property is near Metro-North, downtown Peekskill, shops, restaurants, entertainment, and Hudson River waterfront parks.

Key Highlights

  • Two apartments: one‑bedroom first‑floor unit and two‑bedroom upper unit
  • Finished legal storage attic of approximately 330 square feet
  • Separate gas and electric meters 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 (±1% cap)
NOI $28,438 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$357.7K
$313.0K – $417.4K (±1% cap)
NOI $25,042 @ 7.0% cap · market cap 4.47%
Theoretical Best
Retail
$441.0K
$385.9K – $514.5K (±1% cap)
NOI $30,871 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two apartments provide a one-bedroom layout downstairs and a two-bedroom layout above.
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 first‑floor unit and two‑bedroom upper unit; Finished legal storage attic of approximately 330 square feet; Separate gas and electric meters for each apartment
More about this property
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