218 N James Street Peekskill, NY $ 1,750,000
218 N James Street
$ 1,750,000
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218 N James Street

Peekskill, NY, 10566
$ 1,750,000
Bedrooms-- Baths-- Sq 5,665

Monthly Estimate*

$ 11,050

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Commercial Property for sale in Peekskill, NY

for $1,750,000. This 5,665 square foot building was built in 1900 on a lot size of 0.2645.

Beautifully restored Victorian seven-family income-producing property in the heart of Peekskill. This impressive three-story multifamily home combines timeless architectural character with extensive modern updates. The interior was fully renovated in 2019, with the exterior also refreshed, offering an attractive, well-maintained investment opportunity. The three-story building features two apartments on each floor, plus an additional basement-level unit with windows, providing a total of seven units. Tenants pay their own utilities, helping maximize the property's income potential. All units are currently on a month-to-month basis, providing flexibility for an investor or owner looking to manage the property strategically. All apartments are equipped with a video intercom system, and additional storage is available in the basement. Ample off-street parking behind the property is shared by the tenants—an important amenity in a multifamily setting. There is also potential to add laundry facilities, creating an additional opportunity for income and tenant convenience.Conveniently located in Peekskill with easy access to Metro-North, shopping, dining, entertainment, parks, and the vibrant downtown area. An excellent opportunity for investors seeking a turnkey multifamily property with additional upside potential.

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Commercial Coming Soon

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 33,916

Style

Mid Rise

Lot Size

0.2645

Year Built

1900

Town/City

Peekskill

County/Region

Westchester

MLS | Web ID

1041015

Features
General
Sewer Public Sewer
Heating Electric
Cooling None
Utilities Electricity Connected Sewer Connected Water Connected
Appliances Gas Range Refrigerator Tankless Water Heater
Architectural Style Mid Rise
Security Features Fire Sprinkler System Video Cameras
Construction Materials Frame
Year Built 1900
Tenant Pays All Utilities
View City Neighborhood
Property Subtype Multi Family
Tax Year 2026
Parcel Number 1200-033-022-00005-000-0016
County Westchester County
Operating Expense 29915
Insurance Expense 8331
Property Type Commercial Sale
High School Peekskill High School
City Peekskill
Disclosures None
High School District Peekskill
Number Of Units Total 7
Elementary School Hillcrest
Property Attached Y/N N
Tax Annual Amount 33916
Fuel Expense 5277
Middle/Junior High School Peekskill Middle School
Property Condition Actual
Water Sewer Expense 2607
Additional Parcels Y/N N
Structure Type Mid Rise
Building Area Units Square Feet
Standard Status Coming Soon
Middle/Junior School District Peekskill
Elementary School District Peekskill
Tax Assessed Value 27000
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Interior
Basement Common Partially Finished
Flooring Laminate
Total Stories 4
Basement Features Common Partially Finished
Basement (Y/N) Y
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Exterior
Parking Features Common Off Street Common Off Street
Water Source Public
Building Area Total 5665
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 218
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* Excluded Features
List By
Patricia A. Wagner

Listing Agent

Compass Greater Ny, Llc

Broker

914-214-8922

Contact

Affordability Calculator

$13,876
Per Month
80%
20%
0%
Monthly Principal & Interest
$11,050
Monthly Property Taxes
$2,826
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892238 Elementary School
4101401 Middle School
Peekskill High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$1,750,000 Listed Price

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218 N James Street, Peekskill, NY, 10566 is a Commercial Property for sale at $1,750,000 with 5,665 sqft and a lot size of 0.2645. 218 N James Street was built in 1900. The property's zip code is 10566 which is in Peekskill, NY