200 Washington St Peekskill, NY 10566-3249
- Investment properties
- 0.17 lot acres
Current Use by Public Records
- Dominican Sport Barber / Barber Shop
Property Details for 200 Washington St
- Lot size
- 0.17 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 551200 32.12-6-9
- APU
- 551200321269
Description
This exceptional Peekskill, NY investment opportunity presents a beautifully maintained mixed-use building at 200 Washington Street. The property boasts a total of 6,000 square feet across three stories, situated on a 0.174-acre lot (APN: 1200-032-012-00006-000-0009). Built in 1945 and zoned C3, it offers a diverse range of uses, currently including three residential units, a retail storefront, and warehouse storage space. The building is 100% occupied with a net lease in place, offering a 6.00% cap rate and an asking price of $1,200,000. The current lease has one year remaining. On-site parking is available via driveway, lot parking, and off-street options. The property's versatility allows for a variety of permitted uses, including auto sales, business, food services, mixed-use, office, residential, retail, and warehouse. This multi-tenant building presents a strong investment opportunity with significant upside potential due to below-market rents. The property's central Peekskill location ensures high demand and enduring value. Don't miss this chance to acquire a well-established, income-producing asset in a thriving New York market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peekskill
- County
- Westchester
- State
- New York
- Longitude
- -73.9253
- Latitude
- 41.2867
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA