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Commercial in Westchester County
MLS Number985666
Address939 Central Avenue, Peekskill, NY 10566 show map
Price$950,000 show mortgage calculator
Acres0.032392102846648
Year Built0
Est. Sq. Footage0
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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.

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This listing is Courtesy of Keller Williams Realty Partner (914-962-0007).

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