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Highlights

  • Heavy downtown foot traffic
  • ±3,400 SF ground-floor restaurant / retail space
  • Anchored by M&T Bank
  • Public parking
  • Upper-floor residential redevelopment adding built-in customer base
  • This is a rare opportunity to secure a flagship downtown Peekskill location with visibility, density, and long-term growth fundamentals.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,400 SF
  • Negotiable
  • $45.00 /SF/YR $3.75 /SF/MO $153,000 /YR $12,750 /MO
  • Retail
  • Shell Space
  • Now

Why This Works for Restaurants Built-In Daily Traffic Anchored by M&T Bank and surrounded by offices, residents, and municipal uses, generating consistent breakfast, lunch, and early evening demand. True All-Day / Nightlife Corridor Downtown Peekskill supports lunch crowds, dinner service, and late-night activity driven by nearby restaurants, bars, entertainment venues, and cultural destinations. Residential Density Above & Around New upper-floor apartments within the building and surrounding downtown housing create a reliable customer base for dine-in, takeout, and delivery. Restaurant-Friendly Layout Potential ±3,400 SF ground-floor footprint allows flexibility for kitchen placement, bar configuration, seating mix, and service flow, accommodating a wide range of concepts. Venting & Commercial Kitchen Capability Redevelopment plans anticipate restaurant use, providing a clear path for grease exhaust, hood systems, and back-of-house infrastructure (subject to final approvals). High Visibility, Walkable Location Prominent frontage on heavily traveled Park Street with strong pedestrian traffic and easy access from surrounding neighborhoods. Transit & Highway Access Minutes to major roadways and close to the Peekskill Metro-North station, capturing both local residents and regional visitors. Revitalized Downtown Momentum Positioned at the center of Peekskill’s ongoing downtown reinvestment, benefiting from increased foot traffic, new residents, and growing dining demand.

  • Listed rate may not include certain utilities, building services and property expenses
  • Anchor Space
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 3,400 SF Negotiable $45.00 /SF/YR $3.75 /SF/MO $153,000 /YR $12,750 /MO Retail Shell Space Now

1st Floor

Size
3,400 SF
Term
Negotiable
Rental Rate
$45.00 /SF/YR $3.75 /SF/MO $153,000 /YR $12,750 /MO
Space Use
Retail
Build-Out
Shell Space
Available
Now

1st Floor

Size 3,400 SF
Term Negotiable
Rental Rate $45.00 /SF/YR
Space Use Retail
Build-Out Shell Space
Available Now

Why This Works for Restaurants Built-In Daily Traffic Anchored by M&T Bank and surrounded by offices, residents, and municipal uses, generating consistent breakfast, lunch, and early evening demand. True All-Day / Nightlife Corridor Downtown Peekskill supports lunch crowds, dinner service, and late-night activity driven by nearby restaurants, bars, entertainment venues, and cultural destinations. Residential Density Above & Around New upper-floor apartments within the building and surrounding downtown housing create a reliable customer base for dine-in, takeout, and delivery. Restaurant-Friendly Layout Potential ±3,400 SF ground-floor footprint allows flexibility for kitchen placement, bar configuration, seating mix, and service flow, accommodating a wide range of concepts. Venting & Commercial Kitchen Capability Redevelopment plans anticipate restaurant use, providing a clear path for grease exhaust, hood systems, and back-of-house infrastructure (subject to final approvals). High Visibility, Walkable Location Prominent frontage on heavily traveled Park Street with strong pedestrian traffic and easy access from surrounding neighborhoods. Transit & Highway Access Minutes to major roadways and close to the Peekskill Metro-North station, capturing both local residents and regional visitors. Revitalized Downtown Momentum Positioned at the center of Peekskill’s ongoing downtown reinvestment, benefiting from increased foot traffic, new residents, and growing dining demand.

  • Listed rate may not include certain utilities, building services and property expenses
  • Anchor Space

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • Multiple
  • M&T Bank
  • Finance and Insurance

Property Facts

Building Type
Office
Year Built
1975
Building Height
2 Stories
Building Size
13,675 SF
Building Class
C
Typical Floor Size
6,838 SF
Unfinished Ceiling Height
12’

Property Overview

Prime Downtown Retail / Restaurant Opportunity – 1019 Park Street, Peekskill, NY An exceptional opportunity to lease approximately 3,400 SF of ground-floor restaurant or retail space at 1019 Park Street, located in the heart of downtown Peekskill’s revitalized commercial corridor. The space is situated at street level in a prominent mixed-use building anchored by M&T Bank, providing built-in daily foot traffic and long-term tenancy stability. Positioned along Park Street, one of Peekskill’s most heavily traveled vehicular and pedestrian corridors, the property benefits from outstanding visibility, strong storefront presence, and continuous activity throughout the day and evening. The location places the space within walking distance of restaurants, entertainment venues, residential buildings, and municipal amenities that define downtown Peekskill’s resurgence. The building is undergoing a comprehensive redevelopment that includes upper-floor residential apartments above the commercial base, further enhancing on-site and nearby demand for food, beverage, and service-oriented users. According to the approved plans, the ground floor is designed to accommodate a ±3,400 SF commercial tenant, ideal for a restaurant, café, bar concept, or destination retail user seeking a vibrant urban setting. The property is minutes from major highways including Route 9, Route 202, and the Bear Mountain Parkway, and is convenient to the Peekskill Metro-North station, offering direct service to Grand Central Terminal. This connectivity makes the site attractive not only to local residents, but also to commuters and regional visitors drawn to Peekskill’s dining and cultural scene. Historically, 1019 Park Street has been a core downtown commercial building, long associated with financial and professional uses and now repositioned to support modern retail and restaurant tenancy as part of the city’s broader downtown reinvestment. Its corner presence, institutional anchor, and adaptive reuse plan align squarely with Peekskill’s ongoing economic development initiatives.

Attachments

Flyer
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
40/100
Fairly bikeable
40/100
  • Listing ID: 38917676

  • Date on Market: 12/29/2025

  • Last Updated:

  • Address: 1019 Park St, Peekskill, NY 10566

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