Four-Unit
New
For Sale
$1,100,000
145 Fremont St, Peekskill, NY 10566
Well-maintained quadplex built in 1900 with strong walkability and convenient access to Metro-North.
Days on Market4
Property Features for 145 Fremont St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Building Size
3,400 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Listed By:
Roy Jacobs
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 10:04AM
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 Roy Jacobs
Investment Insights
Based on property information with market context.
This well-maintained four-unit quadplex offers spacious apartments with generous layouts. The property was built in 1900 and is positioned for residential income use, with the benefit of having multiple units in one building.
Located at 145 Fremont St in Peekskill, the property is described as close to Route 9, parks, local amenities, and downtown Peekskill’s restaurants, shops, and entertainment. Commuting is supported by easy access to the Metro-North train.
Mobility context provided with the listing includes a 73 walkScore (very walkable) and a 27 bikeScore (somewhat bikeable), along with a 29 transitScore (some transit).
Located at 145 Fremont St in Peekskill, the property is described as close to Route 9, parks, local amenities, and downtown Peekskill’s restaurants, shops, and entertainment. Commuting is supported by easy access to the Metro-North train.
Mobility context provided with the listing includes a 73 walkScore (very walkable) and a 27 bikeScore (somewhat bikeable), along with a 29 transitScore (some transit).
Key Highlights
- Four‑unit quadplex with spacious apartments and generous layouts
- Built in 1900
- 73 walkScore (very walkable)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.2k | $29.76 |
| − Vacancy | −$6.6k | −$1.93 |
| EGI | $94.6k | $27.83 |
| − OpEx | −$28.4k | −$8.35 |
| NOI | $66.2k | $19.48 |
3,400 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$946.1K
$827.8K – $1.10M
NOI $66,225 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$833.1K
$729.0K – $971.9K
NOI $58,316 @ 7.0% cap · market cap 5.30%
Theoretical Best
Retail
$1.03M
$898.6K – $1.20M
NOI $71,891 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,361
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex built in 1900 with strong walkability and convenient access to Metro-North.
Where is this quadplex located?
The property is located at 145 Fremont St Peekskill, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑unit quadplex with spacious apartments and generous layouts; Built in 1900; 73 walkScore (very walkable)
