Peekskill, NY 10566

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.3 Acres

Financials

Price:$1,750,000
Annual Taxes:$33,916
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Compass Greater NY, LLC

Beautifully restored Victorian seven family income producing property in the heart of Peekskill.

Description

Beautifully restored Victorian seven-family income-producing property in the heart of Peekskill. This impressive three-story multifamily home combines timeless architectural character with extensive modern updates. The interior was fully renovated in 2019, with the exterior also refreshed, offering an attractive, well-maintained investment opportunity. The three-story building features two apartments on each floor, plus an additional basement-level unit with windows, providing a total of seven units. Tenants pay their own utilities, helping maximize the property's income potential. All units are currently on a month-to-month basis, providing flexibility for an investor or owner looking to manage the property strategically. All apartments are equipped with a video intercom system, and additional storage is available in the basement. Ample off-street parking behind the property is shared by the tenants—an important amenity in a multifamily setting. There is also potential to add laundry facilities, creating an additional opportunity for income and tenant convenience.Conveniently located in Peekskill with easy access to Metro-North, shopping, dining, entertainment, parks, and the vibrant downtown area. An excellent opportunity for investors seeking a turnkey multifamily property with additional upside potential.

Amenities

  • City
  • Electricity Connected
  • Fire Sprinkler System
  • Gas Range
  • Neighborhood
  • Refrigerator
  • Sewer Connected
  • Tankless Water Heater
  • Video Cameras
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.