907-911 South St - Storefront Retail/Office FOR SALE


Peekskill, NY 10566
$1,375,222 USD
914-762-2200
907-911 South St, Peekskill, NY for Sale
$1,375,222 USD
Storefront Retail/Office - FOR SALE
1/47
null | 7.88% Cap Rate

907-911 South St
Peekskill, NY 10566


HIGHLIGHTS

  • Mixed-Use Building, 5 Units, 6 Electrical Meters, 5 Gas Meters
  • Pedestrian and Vehicle Traffic, High Visibility Location, Historic Downtown Peekskill
  • All Units Currently Leased

OVERVIEW

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 7.9% (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.

FOR SALE DETAILS

PRICE

$1,375,222 USD

PRICE/SF

$207 USD /SF

CAP RATE

7.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

retail/mixed use

APN/PARCEL ID

1200-033-037-00003-000-0009

ASK ABOUT THIS PROPERTY

Mark SeidenMark Seiden Real Estate TeamMore Info
914-762-2200

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Mark SeidenMark Seiden Real Estate TeamMore Info
914-762-2200

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