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47 Water St Peekskill, NY 10566-2035

OFF-MARKET Warehouses Google Maps
0.33 ac lot
Entity Owned 16-yr Hold Free & Clear
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US63-1940639

Property summary

AI-generated overview

This unique 14,000-square-foot, four-story building in Peekskill, NY, presents a rare opportunity. Formerly a brewery, this single-tenant property boasts a versatile layout ideal for industrial, flex, or retail uses. The ground floor features a complete brewery and bar setup, while the second floor includes a kitchen and additional bar area, complete with refrigerator and freezer. High ceilings, ADA-compliant restrooms, and a security system enhance functionality. A substantial 3,500-square-foot roof deck offers magnificent Hudson River views and is accessible via elevator, along with all other floors. A basement provides additional storage, and ample parking is available in a dedicated private lot, supplemented by nearby municipal parking. The property is zoned WF-2, allowing for multiple uses. Its prime downtown location offers easy access to Routes 9, 202, and 6, proximity to the Hudson River and Riverfront Park, and convenient walking distance to the Metro-North train station. This exceptional property combines historical charm with modern amenities and unparalleled location advantages.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 0.33 ac (14,200 SF)
APN 551200 32.12-4-5
UPID US63-1940639

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
  • Gym & Fitness Center
  • Nightclub Theater & Performing Art Venue

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

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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