Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Garage on Corner Lot Title is generated by Realmo AI

    17 S Broad Street, Peekskill, NY 10566

    View on Map
    Claim this Listing
    For Sale
    $530,000

    LAND - Peekskill, NY

    Lot size:
    0.25 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    198
    Last Refresh:
    May 14 at 7:06 am

    Property Features for 17 S Broad Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    23507

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Oil
    Water source
    Public

    Building Details

    Building materials
    Frame

    We can help!

    Listing Contact
    Maria Marcogliese

    Listing agent Maria Marcogliese

    Listing office Coldwell Banker Realty 202 Katonah Ave, White Plains, NY

    Listing date Oct 29, 2025

    MLS# 929992

    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.

    HighLights

    • Desirable corner lot location with high visibility and easy access.
    • Over .25 acre of property, offering room for expansion, parking, or future development.
    • Suitable for investors, mechanics, or entrepreneurs.
    • Commercial garage with potential for various business ventures.
    • Public water and sewer connections available.
    • Frame construction.

    Overview

    This commercial garage is situated on a corner lot, encompassing over 0.25 acres. The property offers potential for expansion, parking, or future development. The building requires some TLC. Located in Peekskill, NY, the property benefits from high visibility and easy access. It is suited for investors, mechanics, or entrepreneurs. The property is located in Westchester County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ALLIED WELDING AND UNDERCOATING General Contractor Allied Service Station ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • B & D Master Auto Repair — 419 washington st #320, peekskill, ny 10566
    • Discount Tire Depot — 419 Washington St #400, Peekskill, NY 10566
    • T & T Auto Inc — 600 Washington St, Peekskill, NY 10566
    • AMERICAN AUTO PEEKSKILL & NEW YORK STATE INSPECTION STATION — 419 Washington St #320, Peekskill, NY 10566
    • CONTINENTAL REPAIR SHOP — 419 Washington St, Peekskill, NY 10566

    Location Insight

    • Map
    • Local Demand
    City
    Peekskill
    County
    Westchester
    State
    New York
    Longitude
    -73.9149264
    Latitude
    41.2900649

    Nearby Similar for Sale

    • $1,450,000
      3,600 SF

      Turnkey Automotive Facility in Peekskill

      Fully operational automotive service facility with equipment included in thriving area.
      515 Washington St, Peekskill, NY 10566
      View Details
    • $650,000

      Peekskill Two-Family Home For Sale

      Well-maintained two-family home in Peekskill, ideal for living and investment.
      108 Union Avenue, Peekskill, NY 10566
      View Details
    • $950,000

      Peekskill Mixed-Use Investment Property

      Fully leased mixed-use property with immediate cash flow.
      939 Central Ave, Peekskill, NY 10566
      View Details
    • $950,000

      Peekskill Quadruplex: Income and Upside

      Charming quadruplex in Peekskill with income and value-add potential.
      664-666 N Division St, Peekskill, NY 10566
      View Details
    • $779,000

      Peekskill Three-Family Corner Lot

      Legal three-family property in Peekskill, ideal for investors/owner-occupants.
      1619 Lincoln Ter, Peekskill, NY 10566
      View Details
    • $539,000

      Peekskill Two-Family Home

      Two-family home in Peekskill, close to amenities.
      728 Frost Avenue, Peekskill, NY 10566
      View Details
    • $187,500
      2,075 SF

      Updated Office Suite For Sale

      Move-in ready office suite near New York Presbyterian Hospital.
      2 Stowe Road 13, Peekskill, NY 10566
      View Details
    • $899,000

      Income Property in Prime Location

      Income-producing 3-family property near downtown Peekskill.
      147 Union Ave, Peekskill, NY 10566
      View Details
    • $319,000
      900 SF

      New Condo with Modern Amenities

      Modern 2 bed, 1 bath condo with complex amenities.
      3 Woods End Circle A, Peekskill, NY 10566
      View Details
    • $850,000

      Updated Victorian Multifamily Building

      Well-maintained four-unit building with recent updates and convenient location.
      1206 Main St, Peekskill, NY 10566
      View Details
    • $1,350,000
      3,400 SF

      Renovated Auto Body Shop

      Newly renovated auto body shop with paint booth and doors.
      515 Washington St, Peekskill, NY 10566
      View Details
    • $2,000,000
      27,000 SF

      Mixed-Use Building in Historic District

      Forthcoming mixed-use building with retail and residential units.
      1102-1106 Main St, Peekskill, NY 10566
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial garage on a corner lot with development potential.
    Where is this auto shop located?
    The property is located at 17 S Broad Street Peekskill, NY.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: Desirable corner lot location with high visibility and easy access.; Over .25 acre of property, offering room for expansion, parking, or future development.; Suitable for investors, mechanics, or entrepreneurs.
    (914) 469-2594
    We can help!
    Listing Contact
    Maria Marcogliese
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17 S Broad Street, Peekskill, NY 10566
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!