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Five-Unit Mixed-Use Commercial Complex
For Sale
$1,375,222

911 South Street, Peekskill, NY 10566

Fully leased property combines restaurant, ice cream, office, and artist loft uses.

Property SizeContact for details
Days on Market94

Property Features for 911 South Street

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Additional Details

Cap Rate 7.9%
Utilities to Site Yes

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Mark Seiden Real Estate Team
Listed By: Mark J. Seiden
Source: Cthomeseekers
Added: Jun 2 Changed: Sep 3 Last Checked: Sep 3 at 2:01AM

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 Mark Seiden Real Estate Team

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use commercial complex contains five independently operated units with separate utility meters. The configuration includes a restaurant with seating for 74, an ice cream parlor with a lounge area, one professional office, and two artist lofts. The varied layout supports multiple commercial and live/work formats within one property.

Located at 911 South Street in downtown Peekskill’s Artist District, the property is surrounded by local businesses, dining, arts, and cultural destinations, including the Paramount Theater. The setting experiences pedestrian and vehicle traffic, and all five units are currently leased. A 7.9% cap rate is reported excluding a management fee and minor repairs.

Key Highlights

  • Five fully leased units with separate utility meters
  • Restaurant configured for 74 people
  • Ice cream parlor includes an additional lounge

Property Analytics

Current Use

140 Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Locksmith (Bike/Boat/Book/etc) Store Home Appliance Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,384
Businesses Nearby

Demographics for 10566, NY

25,384
Population
11,752
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
86%
High-School Grad
4.3 sq mi
ZIP Area
5,903
Density / Sq Mi
$91,042
Median Household Income
$49,844
Median Earnings
$1,895
Median Rent
$376,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased property combines restaurant, ice cream, office, and artist loft uses.
Where is this mixed-use property located?
The property is located at 911 South Street Peekskill, NY.
What is the asking price?
The asking price for this property is $1,375,222.
What are key features of this property?
This property features: Five fully leased units with separate utility meters; Restaurant configured for 74 people; Ice cream parlor includes an additional lounge
More about this property
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