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1698 Main St Peekskill, NY 10566-3117

OFF-MARKET Warehouses Google Maps
0.24 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$225k
Range $203k – $248k (±10%)
Property ID US63-3737457

Property summary

AI-generated overview

This exceptional 18,000 square foot commercial building is situated on Main Street in the thriving city of Peekskill, New York. Its prominent location ensures high visibility and significant foot traffic, providing an unparalleled opportunity for businesses seeking a strong presence in a bustling market. The expansive interior offers remarkable flexibility, allowing for a multitude of configurations to suit diverse business needs. Whether you envision a retail establishment, a restaurant, an office complex, a creative workspace, or even a mixed-use development, this property's adaptable layout can accommodate your vision. The substantial square footage presents endless possibilities for expansion and customization. Beyond its immediate commercial potential, the property also presents a compelling opportunity for redevelopment into residential units, capitalizing on the vibrant Peekskill real estate market and its strong demand for housing. This prime location guarantees long-term value and significant growth potential, making it an exceptional investment opportunity. The property is priced at $1,600,000. Don't miss this chance to secure a highly visible and versatile commercial space in one of Peekskill's most desirable areas.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 0.24 ac (10,500 SF)
APN 551200 33.6-3-33.2
UPID US63-3737457

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2018
1 recorded transaction
2018
$965,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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