515 Washington St, Peekskill, NY 10566
Fully operational automotive service facility with equipment included in thriving area.
- Added:
- Apr 24, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 24 at 8:01 pm
Property Features for 515 Washington St
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Commercial
Listing agent Ryan P. McGrath License #10401313731 (845) 896-5444
Listing office McGrath Realty Inc Hopewell Junction (845) 896-5444
Listing date Apr 24, 2026
Source Elliman
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 McGrath Realty Inc Hopewell Junction
HighLights
- Turnkey automotive facility: Immediate income‑generating opportunity.
- Prime location on Washington Street in Peekskill: Excellent visibility and accessibility.
- Fully equipped: Includes professional paint booth and multiple vehicle lifts.
- High‑capacity workspace: 3,600 square feet with 15+ foot ceilings and 5 overhead doors.
- Ample parking: 15‑car parking area.
- Well‑designed for customers: Includes customer waiting room.
Overview
Local Financial Insights For Retail
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 | $125.3k | $34.80 |
| − Vacancy | −$16.5k | −$4.59 |
| EGI | $108.7k | $30.21 |
| − OpEx | −$32.6k | −$9.06 |
| NOI | $76.1k | $21.14 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Northern Westchester Collision — 899 Washington St, Peekskill, NY 10566
- Discount Tire Depot — 419 Washington St #400, Peekskill, NY 10566
- T & T Auto Inc — 600 Washington St, Peekskill, NY 10566
- Stedeford's Mobile Auto Glass — 2 John Walsh Blvd, Peekskill, NY 10566
- Nightcrawler towing & Recovery Inc — 620 Washington St, Peekskill, NY 10566
Location Insight
- Map
- Local Demand
- City
- Peekskill
- County
- Westchester
- State
- New York
- Longitude
- -73.9259572
- Latitude
- 41.280754
