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    1102-1106 Main St Peekskill, NY 10566

    For Sale
    $1,500,000

    23 Units, Prime Downtown Location

    Property size:
    27,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional three-story mixed-use building, slated for completion in 2026, presents a compelling investment opportunity in Peekskill, NY's vibrant historic district. Located at 1102-1106 Main Street, adjacent to "Doctors Row," this property boasts 27,000 square feet of space, encompassing over 3,000 square feet of ground-floor retail space ideal for businesses seeking high visibility. The building features a landscaped courtyard with convenient street-level parking. Above the retail area, two floors house 23 meticulously designed residential units: 10 one-bedroom and 10 two-bedroom apartments, all finished to high standards. Residents will enjoy a prime location within walking distance of public transportation, the scenic riverfront, and numerous restaurants and shops. The building's central location in a sought-after area makes it an ideal investment, offering a blend of luxury, convenience, and the charm of Peekskill's thriving downtown. The asking price is $1,500,000. The approved site plan covers 15,553 square feet. This is a new construction project in Westchester County, NY, zip code 10566.

    Property Features for 1102-1106 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    27,000 SF

    Building Details

    Year Built
    2026
    Stories
    3
    Units
    23

    HighLights

    • New construction mixed‑use building in Peekskill, NY's historic district, slated for completion in 2026.
    • 27,000 square feet total; 3,000+ square feet of ground‑floor retail space with high visibility on Main Street, adjacent to "Doctors Row".
    • Landscaped courtyard with convenient street‑level parking.
    • 23 residential units (10 one‑bedroom, 10 two‑bedroom apartments) with high‑end finishes.
    • Prime location near public transportation, riverfront, and amenities; $1,500,000 asking price; 15,553 square foot site plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -73.917011
    Latitude
    41.292148

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    FAQs

    What type of property is this?
    Individual retail property - 23 Units, Prime Downtown Location
    Where is this individual retail property located?
    The property is located at 1102-1106 Main St Peekskill, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: New construction mixed-use building in Peekskill, NY's historic district, slated for completion in 2026.; 27,000 square feet total; 3,000+ square feet of ground-floor retail space with high visibility on Main Street, adjacent to "Doctors Row".; Landscaped courtyard with convenient street-level parking.
    Request Owner's contact information
    1102-1106 Main St Peekskill, NY 10566
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    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
    1102-1106 Main St Peekskill, NY 10566
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