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    126 James St Peekskill, NY 10566

    Sponsored
    For Sale
    $1,498,000

    Prime Peekskill location, 25,868 sqft, high traffic area.

    Property size:
    25,868 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional commercial property, located at 126 N James St in Peekskill, NY, presents a compelling investment opportunity. Situated on a 0.4-acre lot, the two-story building offers a substantial 25,868 square feet of space. Currently vacant, the property requires significant renovation, offering a blank canvas for redevelopment or owner-occupancy. Its strategic location in Peekskill's thriving commercial district provides unparalleled access to major transportation arteries and public transit, benefiting from high daily traffic counts averaging between 8,000 and 9,300 vehicles. The property's proximity to the Peekskill train station further enhances its appeal. Designated as a Federal Opportunity Zone, this C-2 zoned property offers considerable flexibility for a variety of commercial uses, including warehousing, distribution, and potential mixed-use development. This presents a unique chance for investors to capitalize on Peekskill's economic growth and for developers to create a significant commercial presence in a rapidly evolving market. The asking price is $1,498,000. Don't miss this chance to acquire a substantial property in a prime Peekskill location.

    Property Features for 126 James St

    General Information

    Property type
    Industrial properties
    Square Feet
    25,868 SF
    Lot Size
    17,424 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Peekskill
    County
    Westchester County
    State
    New York
    Longitude
    -73.91748
    Latitude
    41.29253

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    FAQs

    What type of property is this?
    Industrial property - Prime Peekskill location, 25,868 sqft, high traffic area.
    Where is this industrial property located?
    The property is located at 126 James St Peekskill, NY.
    What is the asking price?
    The asking price for this property is $1,498,000.
    (914) 962-4900
    Request Owner's contact information
    126 James St Peekskill, NY 10566
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    Peekskill, NY 10566
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 James St Peekskill, NY 10566
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