Property profile

7 Reichert St Lake Peekskill, NY 10537

OFF-MARKET
Residential land & home lots
Property ID
US63-2440370
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Property summary

AI-generated overview

Lot 7 on Reichert Road isn’t the kind of property that shouts for attention. It doesn’t need to. It sits quietly in Lake Peekskill, confident in what it offers to someone who understands land—not just as acreage, but as opportunity. At 2.47 acres, this parcel does something rare in the LP Zone: it meets the zoning requirement head-on. Two acres are required to build here, and Lot 7 clears that threshold with room to breathe. There’s no guesswork, no “almost,” no immediate need to chase a variance before you even begin imagining a home. The land works with you, not against you. What truly sets this property apart is its 695 feet of road frontage along Reichert Road. That kind of frontage changes the conversation. It offers flexibility in siting a home, allows for privacy through thoughtful setbacks, and gives the property a presence that smaller, tighter parcels simply can’t match. Whether you envision a long, winding driveway or multiple design options to take advantage of the terrain, the frontage provides choices—and in land, choices are everything. But Lake Peekskill is never just about the dirt beneath your boots. It’s about lifestyle, and this lot includes deeded lake rights—an increasingly scarce asset in this area. That means access to the lake not as a guest, not as a favor, but as a right attached to the land itself. Morning paddles, quiet afternoons by the water, and the simple luxury of knowing the lake is part of your daily environment all come baked into the deed. The LP Zone carries a character all its own. Homes are spaced, nature is respected, and the neighborhood retains a sense of calm that feels increasingly hard to find. This isn’t a subdivision squeezed to the margins of zoning codes. It’s a setting where landowners value space, trees, and the long view—both literally and figuratively. Lot 7 is the kind of property buyers often miss because it isn’t flashy on first glance. But walk it. Stand at the road. Picture how 695 feet of frontage feels. Consider what it means to own a compliant buildable lot with lake rights in a community where those pieces rarely line up so cleanly. Some properties sell because of what’s already built. Others sell because of what they make possible. Lot 7 on Reichert Road belongs firmly in the second category—a quiet, confident piece of Lake Peekskill that’s ready for its next chapter. bikeScore: 17, Somewhat Bikeable walkScore: 5, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US63-2440370

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Reichert St Lake Peekskill, NY 10537
Lake Peekskill metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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