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    Property profile & analytics

    126 James St Peekskill, NY 10566

    • Investment properties
    • 0.40 lot acres
    For Sale
    View listing
    $1,498,000
    Value Estimation
    Last Sale
    Nov 19, 2021
    $624,750
    Location Intelligence
    Property ID
    US63-3358642
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 126 James St

    Lot size
    0.40 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    551200 33.22-7-8
    APU
    551200332278

    Description

    This exceptional commercial property, located at 126 N James St in Peekskill, NY, presents a compelling investment opportunity. Situated on a 0.4-acre lot, the two-story building offers a substantial 25,868 square feet of space. Currently vacant, the property requires significant renovation, offering a blank canvas for redevelopment or owner-occupancy. Its strategic location in Peekskill's thriving commercial district provides unparalleled access to major transportation arteries and public transit, benefiting from high daily traffic counts averaging between 8,000 and 9,300 vehicles. The property's proximity to the Peekskill train station further enhances its appeal. Designated as a Federal Opportunity Zone, this C-2 zoned property offers considerable flexibility for a variety of commercial uses, including warehousing, distribution, and potential mixed-use development. This presents a unique chance for investors to capitalize on Peekskill's economic growth and for developers to create a significant commercial presence in a rapidly evolving market. The asking price is $1,498,000. Don't miss this chance to acquire a substantial property in a prime Peekskill location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $675,000
      7%
      $620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $595,000
      Geo Method
      $575,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $585,000
      Mixed-Use
      $500,000
      Hospitality
      $490,000
      Educational
      $570,000
      Residential Income
      $655,000
      Energy
      $550,000
      Income-Based Land
      $495,000
      Food Service
      $630,000

    Location Insight

    • Map
    • Local Demand
    City
    Peekskill
    County
    Westchester
    State
    New York
    Longitude
    -73.9175
    Latitude
    41.2927
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $5,560
    $6,940
    $12,500
    -
    $232,636
    $290,377
    $523,013

    Comparable in this City

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      136 Washington St

      STORE/OFFICE (MIXED USE) • 0.11 Acres
      136 Washington St, Peekskill, NY 10566-3215
      View Details
    • Value Estimation
      $665,000
      0.08 Acres

      1061 Main St

      STORE/OFFICE (MIXED USE) • 0.08 Acres
      1061 Main St, Peekskill, NY 10566-2905
      View Details

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    126 James 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
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