1433 Main StPeekskill, NY 10566

Property Details for 1433 Main St

Year built

1930

Property size (Sq ft)

1,456 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a well-located two-unit apartment building in Peekskill, New York. The property, situated at 1433 Main Street, boasts a convenient location near downtown amenities, offering easy access to shopping, dining, and entertainment. Built in 1930, this Class B multifamily building comprises 1,456 square feet on a 2,818 square foot lot (APN: 1200033006000080000016). Currently configured as a two-family home, the property offers a compelling 6.50% capitalization rate and is priced at $590,000 ($405 per square foot). One unit is currently vacant, presenting immediate income potential for an owner-occupant or investor seeking to maximize rental income. The building features no common walls with adjacent properties, offering increased privacy and potential for independent unit upgrades. This property represents a rare opportunity to acquire a well-positioned multifamily asset in a thriving Westchester County market. The property's strong location and potential for rental income make it an attractive investment for both seasoned investors and those new to the real estate market. Don't miss this chance to secure a piece of Peekskill's vibrant real estate landscape.

Location Insight

City

Peekskill

County

Westchester

State

New York

Latitude

41.2927

Longitude

-73.9101

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