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For SaleIndustrialMLS KEY995934

364 Washington Street

Peekskill, NY · Westchester County
Listed by
360 Real Estate Development
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
9,500 SF
Site
0.25 acres
Price / SF
$147
Going-in cap
8.00%
NOI
$168,000
Zoning
c-3
Stories
2

The offering

Prime Income-Producing Opportunity New ten year lease NNN.

Presenting 364 Washington St, Peekskill, NY 10566—a well-maintained investment property featuring 9,500 square feet of rentable space. This asset is fully occupied with tenants in place, offering immediate rental income and stability. With an 9% cap rate, this property delivers strong returns and is ideal for investors seeking a reliable addition to their portfolio.

Located in a vibrant area of Peekskill, this property boasts convenient access to local amenities and transportation. Don't miss out on this exceptional opportunity to acquire a turnkey investment with proven cash flow. Three Commercial units at this one location. Retail storefront on Washington Street 4000 SF, lower leave warehouse and office 4500 SF, storage garage 1000 SF. Contact agent for all showings and additional information.

Building & site

Interest conveyedFee simple
Gross building area9,500 SF
Building typeIndustrial
Property typeIndustrial
Stories2
Land area0.25 acres
Land area, SF11,082 SF
WaterPublic
SewerPublic Sewer
HeatOil, Forced Air, Hot Water, Hydro Air
Tax parcel55120032.16-5-3
Usable area9,500 SF
Parking spaces20
Electric utilityCon-Edison

Zoning & permitted uses

District
c-3

Permitted uses are governed by the Peekskill zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Income & tenancy

Gross income (as reported)
$168,000
Going-in cap
8.00%

Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.

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

2024 taxes$19,334
Assessed value$16,000
Land assessment$5,600
Full market value$675,105
Owner of recordPeekskill Holdings LLC
School districtPeekskill
Property class433

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

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