Back to Search
Updated Two-Family Residential Income

361 Lake Drive Lake Peekskill, NY 10537

Claim this Listing
New
For Sale
$649,900

MULTI_FAMILY - Colonial - Lake Peekskill, NY

Lot size:
0.49 Acres
Added:
Jul 8, 2026
Days on Market:
7
Last Refresh:
Jul 14 at 12:06 am

Property Features for 361 Lake Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Basement, Bedroom 3, Dining Room, Bathroom 2
Parking
2
Parking features
Driveway, Off Street
Security features
Security System
Patio and Porch features
Porch, Patio
Interior features
First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Built-in Features, Eat-in Kitchen, Entrance Foyer, Formal Dining, His and Hers Closets, Natural Woodwork, Original Details, Pantry, Master Downstairs, Storage
Exterior features
Balcony, Juliet Balcony, Lighting, Mailbox, Rain Gutters
Fireplace
1
Basement
Full, Walk-Out Access, Storage Space
Standard status
Active
APN
372800-083-058-0001-070-000-0000
Lot size
0.49 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10082

Utilities

Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Well
Water front features
Lake
Water front
1

Building Details

Year built
1936
Number of units
2
Flooring type
Hardwood
Building materials
Frame
Architectural style
Colonial
Additional Structures
Storage

Listing agent Christine Rowley License #10301203607

Listing office RE/MAX Classic Realty 293 Route 100, Suite 207, Somers, NY

Listing date Jul 8, 2026

MLS# 1021571 Listing URL

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.


Investment Insights

Based on property information with market context.

This updated two-family home features two separate apartments, each with a private entrance and its own electric meter, along with an additional landlord meter servicing the basement. Original woodwork, built-in bookshelves, antique doorways, and a wood-burning fireplace help preserve the home’s character while interior spaces have been freshly painted. The first apartment includes expansive living and dining areas, an eat-in kitchen with propane stove, two bedrooms, a full bath, an office or guest space, and an enclosed porch with seasonal lake views. The second apartment offers a library-style built-in, another remodeled eat-in kitchen, two bedrooms, a bonus room, a remodeled bath, and access to a double terrace overlooking the property with seasonal lake views.

The walk-out basement provides storage with potential for future finishing. Recent improvements include roof and water tank replacement (approximately six years ago), first-floor hot water heater replacement (about one year ago), second-floor hot water heater replacement (this March), a complete whole-house electrical rewire approved by the town (April 2026), updated bathroom and flooring, refinished concrete steps, new Trex steps to the back, and a full exterior strip and repaint.

The property provides lake rights to all three neighborhood beaches for kayaking, canoeing, fishing, or relaxing by the water, with highways and Metro-North approximately 10 minutes away.

Key Highlights

  • Two separate apartments in a true two‑family setup, each with its own private entrance and electric meter, plus a separate landlord meter for the basement.
  • Lake living with lake rights to all three neighborhood beaches, and seasonal lake views from the enclosed porch and double terrace.
  • Wood‑burning fireplace and original details including natural woodwork and built‑in features, with hardwood flooring and a Colonial style built in 1936.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Building Supply HVAC Service Auto Parts Store Big Box & Wholesale Store Hair Salon Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two separate apartments with private entrances, each with its own electric meter, plus a walk-out basement for storage.
Where is this duplex located?
The property is located at 361 Lake Drive Lake Peekskill, NY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two separate apartments in a true two‑family setup, each with its own private entrance and electric meter, plus a separate landlord meter for the basement.; Lake living with lake rights to all three neighborhood beaches, and seasonal lake views from the enclosed porch and double terrace.; Wood‑burning fireplace and original details including natural woodwork and built‑in features, with hardwood flooring and a Colonial style built in 1936.
Contact an agent
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