Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1007 Brown St Peekskill, NY 10566

    Sponsored
    For Sale
    $2,295,000

    Prime Peekskill location, 3 units & renovated restaurant.

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in Peekskill, New York, presents a compelling investment opportunity. Located at 1007 Brown Street, this 8,000 square foot building boasts three residential units situated above a fully renovated restaurant. The residential component includes one triplex, one duplex, and one one-bedroom unit, offering diverse rental income potential. The restaurant space itself encompasses approximately 3,200 square feet, featuring a high-ceiling basement adding significant usable area. Currently vacant, this property is ideally positioned for immediate occupancy and revenue generation. Its prime location on busy Brown Street offers exceptional visibility and accessibility, directly across from the Paramount Hudson Valley Theater, a significant cultural draw. The recent closure of Esther Street, located south of the building, has created a pedestrian-friendly environment promoting outdoor dining and enhancing the property's desirability. This strategic location, coupled with the fully renovated restaurant and multiple residential units, makes this a rare and highly attractive investment prospect in a thriving Westchester County community. The property is zoned for mixed-use and is situated in the 10566 zip code. This is a turnkey opportunity for both investors and restaurant operators seeking a high-return investment in a vibrant and growing area.

    Property Features for 1007 Brown St

    General Information

    Property type
    Multifamily properties
    Square Feet
    8,000 SF

    Building Details

    Units
    3

    HighLights

    • Exceptional mixed‑use investment opportunity in Peekskill, NY.
    • 8,000 square foot building with three residential units (one triplex, one duplex, one 1‑bedroom) and a 3,200 square foot fully renovated restaurant.
    • Prime location on Brown Street, across from the Paramount Hudson Valley Theater.
    • Currently vacant, offering immediate occupancy and revenue generation.
    • Mixed‑use zoning in 10566 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Peekskill
    County
    Westchester
    State
    New York
    Longitude
    -73.9197012
    Latitude
    41.2897216

    Nearby Similar for Sale

    • $1,150,000
      Pending

      Peekskill Quadruplex: Investment Opportunity

      Well-maintained Peekskill quadruplex with subdivision potential and strong income upside.
      931 N Division St, Peekskill, NY 10566
      View Details
    • $699,000
      Pending

      Peekskill Triplex Investment Opportunity

      Legal 3-family home near transportation and amenities in Peekskill, NY.
      616 N Division St, Peekskill, NY 10566
      View Details
    • $950,000
      Pending

      Peekskill Quadruplex with Carriage House

      Well-maintained Peekskill quadruplex with carriage house, ideal for investment.
      1010 Orchard St, Peekskill, NY 10566
      View Details
    • $539,000
      Pending

      Peekskill Two-Family Home For Sale

      Two-unit property in Peekskill near shops, restaurants, and entertainment.
      728 Frost Ave, Peekskill, NY 10566
      View Details
    • $559,000
      3,300 SF

      Commercial Garage on Corner Lot

      Commercial garage on a corner lot with development potential.
      17 S Broad St, Peekskill, NY 10566
      View Details
    • $1,600,000

      Medical Building in Downtown Peekskill

      Fully renovated medical office building in Peekskill's Arts District.
      22 N Division St, Peekskill, NY 10566
      View Details
    • $144,222

      Updated Top-Floor Unit in Peekskill

      Top-floor unit with updated kitchen and abundant natural light.
      1879 Crompond Rd, Peekskill, NY 10566
      View Details
    • $85,000

      Established Deli Business Opportunity

      Turnkey deli business for sale in Peekskill, NY.
      808 Elm St, Peekskill, NY 10566
      View Details
    • $525,000

      Commercial Property in Peekskill, NY

      Two-unit commercial property in high-visibility area, ideal for investors.
      913 South St, Peekskill, NY 10566
      View Details
    • $550,000

      Commercial Property in Peekskill, NY

      Two-unit commercial property ideal for investors or owner-users.
      923 South St, Peekskill, NY 10566
      View Details
    • $240,000

      Peekskill Towers Co-op Apartment

      Sixth-floor apartment with views, 2 bedrooms, and 2 baths.
      1 Lakeview Dr, Peekskill, NY 10566
      View Details
    • $77,500

      Peekskill Apartment Building for Sale

      Apartment building available in Peekskill, NY.
      150 Overlook Ave, Peekskill, NY 10566
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Peekskill location, 3 units & renovated restaurant.
    Where is this multifamily property located?
    The property is located at 1007 Brown St Peekskill, NY.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Peekskill, NY.; 8,000 square foot building with three residential units (one triplex, one duplex, one 1-bedroom) and a 3,200 square foot fully renovated restaurant.; Prime location on Brown Street, across from the Paramount Hudson Valley Theater.
    Request Owner's contact information
    1007 Brown St Peekskill, NY 10566
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1007 Brown St
    Peekskill, NY 10566
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1007 Brown St Peekskill, NY 10566
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.