Main Street Commons 1723 Main St 26,361 SF 100% Leased Retail Building Peekskill, NY 10566 $10,313,337 ($391.23/SF) 6.43% Cap Rate

This is a rare opportunity to own a fully-occupied strip center located on one of Westchester County’s prime US Hwy 6 (Main St.), the longest continuous US Route in the country. The 79-mile portion of US-6 in New York traces the storied Hudson River Valley and is a high-visibility, high-volume retail corridor commanding daily traffic counts of over 13,000 in a city of 26,000 people, packed into just 4.3 square miles, one of the tightest population densities in Westchester County.
The traffic generators extend beyond the city limits. US-6 serves as a gateway corridor to the most-visited tourist attractions in the Northeast, such as Bear Mountain, Harriman State Park, Storm King Art Center, and Taconic State Parkway, thus funneling a relentless stream of regional and tourist traffic directly past Main St. Plaza.
Peekskill, or “PK,” is a city in Westchester County located in the renowned Hudson River Valley, just 50 miles north of NYC. Known for its dynamic arts scene, significant history, beautiful waterfront, easy access to trails, and walkable town, the vibrant city attracts day trippers, residents, and visitors from Vassar College, Marist College, West Point Military Academy.
Investment highlights
- 1.72 acres on Prime US Hwy 6 in Westchester County — US-6 traces the Hudson River Valley and is a high-visibility, densely-trafficked retail corridor with 11,000 VPD in a city of 26,000 people.
- High Barrier to Entry - No vacant or buildable land in Peekskill on US-6
- Rare 100%-occupied strip center anchored by investment-grade tenant AutoZone, Family Dollar, and dominant regional operator Beer World (10 stores in the Northeast).
NYC and Institutional Proximity + Surrounding historic destinations - Bear Mountain, Harriman, Storm King, and Taconic are year-round destinations. West Point, Vassar, and Marist create a high-income, educated consumer base
- Synergistic tenant-mix drives sales and traffic -AutoZone, Family Dollar, and Beer World, a dominant 10-store regional operator, form a complementary, high-frequency destination that drives cross-visitation. This is supported by Family Dollar's annual store sales reporting (9.72% Rent to Sales ratio).