47 S Water St - Light Manufacturing FOR SALE


Peekskill, NY 10566
$2,700,000 USD
973-609-2105
47 S Water St, Peekskill, NY for Sale
$2,700,000 USD
Light Manufacturing - FOR SALE
1/14
null | Request Cap Rate

47 S Water St
Peekskill, NY 10566


HIGHLIGHTS

  • Transit Accessible: Just 2 blocks from the Metro-North Train Station (Hudson Line to NYC).
  • Prime Downtown Location: Steps from restaurants, shops, and the Peekskill waterfront.
  • Historic Character: Former brewery building with industrial charm and high ceilings.
  • Ample Power & Utilities: Designed to support restaurant, brewery, and event operations.
  • Strong Downtown Revival: Located within Peekskill’s growing arts, dining, and nightlife district.

OVERVIEW

47 S Water Street in Peekskill, NY, is a notable commercial property, previously home to the popular Peekskill Brewery. The building itself is a modern, multi-level structure that exudes an industrial yet contemporary vibe, fitting seamlessly into the vibrant, historic character of Peekskill’s waterfront district. The City of Peekskill has been awarded $10 million through Round 4 of New York State's Downtown Revitalization Initiative DRI for the Mid Hudson region. The DRI award will catalyze innovative publicly and privately led improvements to Peekskill's downtown and waterfront. These projects will focus on providing safe and convenient pedestrian amenities that link existing community assets with new sites for tourism, the arts, recreation and business growth, generating employment opportunities for a range of skill and wage levels. Former Use - Peekskill Brewery: Peekskill Brewery was a beloved local establishment, known for its craft beers and community atmosphere. The building was designed to cater to a large volume of customers, with a brewery on-site that added to the building's unique appeal. The brewery's former layout is advantageous for similar uses, such as a brewery, restaurant, or any business that benefits from a blend of open spaces and private rooms.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Peekskill Brewery

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1928

UTILITIES

-

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

WF-2

APN/PARCEL ID

1200-032-012-00004-000-0005-1

ASK ABOUT THIS PROPERTY

Michael RackenbergHoulihan Lawrence CommercialMore Info
973-609-2105

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Michael RackenbergHoulihan Lawrence CommercialMore Info
973-609-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.