911 South ST, Peekskill, NY 10566
911 South ST, Peekskill, NY 10566
911 South ST, Peekskill, NY 10566
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Randy Reis

Randy Reis

+1(917) 435-4870
$1,375,222
Est. payment /mo
5,166 Sqft Lot
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UPDATED:

Key Details

Property Type Mixed Use, Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1018002

Rental Info No

Year Built 1900

Annual Tax Amount $20,894

Lot Size 5,166 Sqft

Acres 0.1186

Property Sub-Type Mixed Use

Source onekey2

Property Description

Welcome to 911 South Street, a rare mixed-use commercial multiple building complex offering exceptional income in one of historic downtown Peekskill's most vibrant and sought-after locations. Net profit EXCEEDS $100,000 per year and a Cap Rate of 7.8% (excluding a management fee and minor repairs). This unique asset features five fully independent units, each with its own separate utility meter, providing maximum flexibility for investors, owner-users, and entrepreneurs alike. The property is currently fully leased and generating strong rental income, making it an attractive turnkey investment. However, an owner-user is a possibility in a commercial space. The unit mix includes an established restaurant with capacity for 74 people, an ice cream parlor with an additional lounge, one professional office space, and two New York—Soho style artist lofts, creating a diverse and stable income stream. Situated in a high-visibility location within Peekskill's thriving Artist District, the property benefits from excellent pedestrian and vehicle traffic, surrounded by local businesses, dining, arts, and cultural attractions, including the Paramount Theater. The independently operating units allow for multiple ownership strategies, including continued investment income, live/work opportunities, or future tenant repositioning. Whether you're looking to expand your portfolio or acquire a cash-flowing commercial asset in a dynamic growth market, 911 South Street presents an exceptional opportunity. Don't miss your chance to own a performing asset in one of Westchester County's emerging commercial corridors.

Location

State NY

County Westchester County

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Open

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Clapboard

Schools

Elementary Schools Hillcrest

Middle Schools Peekskill Middle School

High Schools Peekskill

School District Peekskill

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Mark Seiden Real Estate Team • Mark J. Seiden

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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