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$ 950,000
Est. payment /mo
Active
939 Central AVE Peekskill, NY 10566
1,411 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 985666
Rental Info No
Annual Tax Amount $14,553
Lot Size 1,411 Sqft
Acres 0.0324
Property Sub-Type Mixed Use
Source onekey2
Property Description
Fully leased mixed-use investment property located in the heart of Peekskill. 939 Central Ave consists of three income-producing units, including a ground floor commercial space, a second-floor commercial unit, and a newly renovated two-bedroom apartment on the third floor. The commercial tenant occupies both the first and second floors, providing a strong and stable income stream with annual rent escalations in place. The third-floor residential unit has been recently renovated and offers consistent rental income. The property has undergone significant improvements, including a new roof and updated building systems, resulting in a well-maintained, low-maintenance asset. All units are currently leased, offering immediate cash flow for investors. Current cap rate is approximately 6.3% with additional upside through contractual rent increases. Conveniently located near downtown amenities, transportation, and major roadways. Call today for your private tour.
Location
State NY
County Westchester County
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Keller Williams Realty Partner • Nicole Mandra
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