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For LeaseMixed UseMLS KEY967570

1019 Park Street

Peekskill, NY · Westchester County
Listed by
Houlihan Lawrence Inc.
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
13,675 SF
Site
0.17 acres

The offering

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.

Highlights include:

3,400 SF ground-floor restaurant / retail space.

Prominent location on high-traffic Park Street.

Anchored by M&T Bank.

Surrounded by residential, dining, entertainment, and cultural uses.

Upper-floor residential redevelopment adding built-in customer base.

Excellent access to highways and Metro-North.

Located in the center of revitalized downtown Peekskill.

This is a rare opportunity to secure a flagship downtown Peekskill location with visibility, density, and long-term growth fundamentals.

Building & site

Interest conveyedFee simple
Gross building area13,675 SF
Building typeMixed Use
Property typeMixed Use
Land area0.17 acres
Land area, SF7,423 SF
WaterPublic
SewerPublic Sewer
HeatDucts
Tax parcel55120033.30-4-8
Usable area3,400 SF

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$77,451
Assessed value$61,000
Land assessment$5,000
Full market value$2,573,840
Owner of recordHudson City Savings Bank
School districtPeekskill
Property class463
Floodplain
28% of the parcel lies within the mapped floodplain. Buildable area, insurance and any expansion should be checked against the current FEMA mapping before you rely on it.

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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