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Renovated Duplex with Lake Rights
For Sale
$549,000
Pending

20 Melnick Pl, Lake Peekskill, NY 10537

Legal two-family property with updated units, off-street parking, and backyard space.

Property SizeContact for details
Days on Market112

Property Features for 20 Melnick Pl

General Information

Standard status Pending
Property subtype Residential Income

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Gross Income $60,000

Taxes and HOA fees

Annual Taxes $13,046

Amenities

lake rights
large backyard

Building Details

Buildings 1
Listing Agency: Tompkins Realty
Listed By: Justin Tompkins
Source: Exprealty
Added: May 13 Changed: Aug 31 Last Checked: Aug 30 at 9:16PM

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 Tompkins Realty

Investment Insights

Based on property information with market context.

Located at 20 Melnick Pl in Lake Peekskill, this legal two-family home contains two one-bedroom units. Both apartments have been renovated with updated finishes and are described as functioning like two-bedroom, one-bath layouts.

The property includes off-street parking, a large backyard, and no neighbors directly behind the home. Lake rights to Lake Peekskill are included, with shopping, parks, and commuter routes nearby. The property is within the Putnam Valley School District.

Key Highlights

  • Legal two‑family home with two 1‑bedroom units
  • Both apartments have been completely renovated with updated finishes
  • Units are described as living like 2‑bedroom, 1‑bath apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Hair Salon Spa & Massage Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

212
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with updated units, off-street parking, and backyard space.
Where is this duplex located?
The property is located at 20 Melnick Pl Lake Peekskill, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Legal two‑family home with two 1‑bedroom units; Both apartments have been completely renovated with updated finishes; Units are described as living like 2‑bedroom, 1‑bath apartments
More about this property
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