1061 Main StPeekskill, NY 10566

Property Details for 1061 Main St

Lot size

0.08 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

551200 33.30-2-4

APU

551200333024

Description

This exceptional 5,200 square foot flex space presents a remarkable opportunity in the heart of Peekskill, NY. Located on Main Street, this property enjoys a highly visible corner position, maximizing exposure and attracting significant foot traffic. Its strategic placement adjacent to a large municipal parking lot ensures convenient customer access, while its proximity to Crossroads Plaza guarantees a steady stream of potential clients. The property benefits from its location within walking distance of new residential developments, providing a built-in customer base. Furthermore, its close proximity to the Paramount Hudson Valley Theater and Peekskill Art Lofts creates a vibrant and attractive environment for businesses. The building features a three-bay garage with impressive 15-foot-high ceilings, offering versatile usage options. This C2-zoned property in Westchester County offers endless possibilities for a variety of commercial ventures, capitalizing on Peekskill's exciting revitalization. The combination of high visibility, convenient location, and ample space makes this an unparalleled opportunity for business growth and success. Don't miss this chance to establish your business in a thriving and dynamic community.

• CAP approach

  CAP return

  Valuation

  6%

  $759,728

  6.5%

  $701,287

  7%

  $651,195

• Comparable approach

  Method

  Valuation

  Relative Method

  $681,392

  Geo Method

  $680,477

• Alternative Use

  Use

  Valuation

  Residential

  $701,287

  Hospitality

  $642,375

  Educational

  $534,449

  Medical

  $552,829

  Retail

  $831,365

Location Insight

City

Peekskill

County

Westchester

State

New York

Latitude

41.2916

Longitude

-73.9174

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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