17 Broad StPeekskill, NY 10566

Property Details for 17 Broad St

Lot size

0.28 AC

Property type

Gas stations

APN

551200 33.6-12-3

APU

551200336123

Description

This exceptional 0.29-acre commercial lot, located at 17 S Broad St in the heart of Peekskill, NY, presents a unique investment opportunity. The property boasts a generous 3,300 square feet and is zoned C3, allowing for a wide range of commercial development possibilities. Its prime downtown location ensures high visibility and accessibility, making it ideal for a variety of businesses. The property currently includes two buildings, which the owner is actively clearing. The heating fuel is oil, and the system is above ground. This is a rare chance to acquire a sizable parcel in a thriving area, offering significant potential for future growth and return on investment. The asking price is $649,000. Serious inquiries only. The property is ready for your vision and development plans. This is a blank canvas for your next commercial venture in a vibrant and growing community. Don't miss this chance to secure a piece of Peekskill's bustling commercial landscape. Act quickly, as opportunities like this are seldom available. The property's central location offers easy access to local amenities, transportation routes, and a strong customer base. This is a prime location for a business looking to establish a strong presence in Peekskill.

• CAP approach

  CAP return

  Valuation

  6%

  $3,243,363

  6.5%

  $2,993,873

  7%

  $2,780,025

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,989,441

  Geo Method

  $3,984,085

• Alternative Use

  Use

  Valuation

  Residential

  $2,525,444

  Hospitality

  $2,313,293

  Educational

  $1,924,633

  Medical

  $1,990,824

  Retail

  $2,993,873

Location Insight

City

Peekskill

County

Westchester

State

New York

Latitude

41.2901

Longitude

-73.9149

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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