Commercial in Westchester County
| MLS Number | 985666 |
|---|---|
| Address | 939 Central Avenue, Peekskill, NY 10566 show map |
| Price | $950,000 show mortgage calculator |
| Acres | 0.032392102846648 |
| Year Built | 0 |
| Est. Sq. Footage | 0 |
| Zoning | |
| Current Uses | |
| Permitted Uses |
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.
© 2022 OneKey Multiple Listing Service, Inc., All Rights Reserved. The data relating to real estate for sale or lease on this website comes in part from OneKey MLS. Real estate listings held by brokerage firms other then CS Realty Relocation Services are marked with a OneKey MLS Logo. The information appearing herein has not been verified by the OneKey Multiple Listing Service, Inc. or by the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.