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Lake-View Duplex with Lower Apartment
For Sale
$684,000
Pending

18 Sylvan Road, Lake Peekskill, NY 10537

Residential Income, Lake Peekskill, NY

Property SizeContact for details
Lot Size0.62 Acres
Days on Market94

Property Features for 18 Sylvan Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 3, Bedroom 1, Bedroom 3, Dining Room, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Parking 6
Parking features Driveway
Patio and Porch features Deck, Patio
Interior features First Floor Bedroom, Breakfast Bar, Ceiling Fan(s), Chandelier, Eat-in Kitchen, Formal Dining, In-Law Floorplan, Primary Bathroom, Recessed Lighting, Smart Thermostat, Storage, Walk Through Kitchen, Washer/Dryer Hookup
Exterior features Garden, Mailbox
Basement Full, Crawl Space, Finished
View Lake, Water
Elementary school Putnam Valley Elementary School
Middle school Putnam Valley Middle School
High school Putnam Valley High School
Elementary school district Putnam Valley
Middle school district Putnam Valley
High school district Putnam Valley
Standard status Pending
APN 372800-091-025-0001-013-000-0000
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 13173

Utilities

Sewer type Septic Tank
Heating system Oil, Heat Pump (Heating)
Cooling system Central Air, Ductless
Water source Well
Water front features Pond
Water front 1

Amenities

brand-new deck
perennial gardens
mature landscaping
seasonal blooms
lake rights

Building Details

Year built 1945
Number of units 2
Flooring type Combination, Laminate, Carpet, Tile, Vinyl
Building materials Frame
Architectural style Ranch
Additional Structures Storage
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Sherri Malone
Added: Jul 21 Changed: Oct 21 Last Checked: Oct 22 at 10:06AM
MLS# 1028933

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.

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Investment Insights

Based on property information with market context.

This legal two-family ranch offers a primary residence with a formal dining room, eat-in kitchen, breakfast nook, living room, multiple bedrooms, and renovated bathrooms. The lower-level apartment has two private entrances, a living area, bedroom, full bath, and access to a new deck facing the backyard and Junior Lake. Existing kitchen cabinetry and plumbing remain, while the stove and refrigerator have been removed; an interior separation door also needs to be reinstalled to restore the apartment’s prior configuration.

The 0.6187-acre property includes perennial gardens, mature landscaping, a patio, driveway parking, well water, and a septic tank. Improvements include a new septic tank, underground oil tank removal, ductless air conditioning on both levels, and a heat pump integrated into the HVAC system. Lake Peekskill rights provide access for swimming, fishing, kayaking, and non-motorized boating. The property is near the Taconic State Parkway, Route 6, Metro-North, shopping, dining, and Hudson Valley recreation.

Key Highlights

  • Legal two‑family ranch with a separate lower‑level apartment
  • 0.6187‑acre parcel with year‑round Junior Lake views
  • Lower apartment includes two private entrances, bedroom, living room, and full bath

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 10537, NY

2,527
Population
984
Households
2.6
Avg Household Size
41
Median Age
51%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
2,297
Density / Sq Mi
$126,354
Median Household Income
$48,602
Median Earnings
$2,298
Median Rent
$367,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with a flexible lower-level apartment, lake rights, updated systems, and outdoor spaces overlooking Junior Lake.
Where is this duplex located?
The property is located at 18 Sylvan Road Lake Peekskill, NY.
What is the asking price?
The asking price for this property is $684,000.
What are key features of this property?
This property features: Legal two‑family ranch with a separate lower‑level apartment; 0.6187‑acre parcel with year‑round Junior Lake views; Lower apartment includes two private entrances, bedroom, living room, and full bath
More about this property
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