Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1102-1106 Main St 23 Unit Apartment Building $2,500,000 ($108,696/Unit) Peekskill, NY 10566

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Corner lot at a traffic light.
Approved redevelopment project for 20 Residential and Two Retail units

Full approvals for 10 one and 10 two bedroom rental units.
Full sets of renderings and floor plans included in sale with approvals.

EXECUTIVE SUMMARY

Introducing an exciting opportunity in the heart of Peekskill’s historic district at the corner of James and Main Street, adjacent to the renowned "Doctors Row." This forthcoming three-story, mixed-use building offers over 2,000 square feet of premium retail space on the street level, perfect for businesses seeking high visibility in a vibrant community.
The property includes convenient street-level parking in a landscaped courtyard, offering both functionality and charm. Above the retail space are two floors of meticulously designed residential units, featuring 10 one-bedroom and 10 two-bedroom apartments. Each unit will be built with the finest finishes, providing modern comfort in a historic setting.
Residents will enjoy a prime location with 22 on site partially covered parking spaces at a bus stop and within walking distance of Metro North, the scenic riverfront, and an array of restaurants and shopping options. This centrally located building is an ideal choice for those seeking a blend of luxury, convenience, and the charm of Peekskill’s thriving downtown.
Don't miss the chance to be part of this desirable new development in one of Peekskill's most sought-after areas!

final flyer 1106 Main St_compressed

Offering Memorandum

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access	ANNUAL	ANNUAL PER SF
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

PROPERTY FACTS Under Contract

Price	$2,500,000	Building Class	B
Price Per Unit	$108,696	Lot Size	0.25 AC
Sale Type	Owner User	Construction Status	Proposed
Sale Condition	Redevelopment Project	Building Size	27,500 SF
No. Units	23	No. Stories	3
Property Type	Multifamily	Parking Ratio	0.73/1,000 SF
Property Subtype	Apartment General Retail Storefront Retail/Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise

Price	$2,500,000
Price Per Unit	$108,696
Sale Type	Owner User
Sale Condition	Redevelopment Project
No. Units	23
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Low-Rise
Building Class	B
Lot Size	0.25 AC
Construction Status	Proposed
Building Size	27,500 SF
No. Stories	3
Parking Ratio	0.73/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.