16 Division StPeekskill, NY 10566

  • Mixed-use properties
  • 0.04 AC
For Lease

Property Details for 16 Division St

Lot size
0.04 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
551200 33.29-6-8.1
APU
5512003329681

Description

This stunning 515-square-foot, single-tenant retail space, classified as an apartment, is ideally situated in the vibrant heart of Downtown Peekskill, Westchester County. Recently renovated, this historic building boasts a luxurious one-bedroom apartment featuring modern amenities and upscale finishes. The unit includes all new stainless steel appliances, elegant quartz countertops, and the convenience of an in-unit washer and dryer. Energy-efficient heating and cooling systems ensure year-round comfort. Hardwood floors, a contemporary bathroom, and charming loft-style details with exposed brick add to the apartment's unique character. Residents will appreciate the prime location, just steps from a diverse array of restaurants, shops, and entertainment venues. Commuting is a breeze, with the Metro North train station and the picturesque riverfront easily accessible—a short 3-minute drive or a pleasant 15-minute walk away. This exceptional property offers a blend of historic charm and modern luxury in a highly desirable location. The entire 515 square feet is currently vacant and ready for immediate occupancy. The property is categorized as retail, with an apartment subtype.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $291,755
    6.5%
    $269,313
    7%
    $250,076
  • Comparable approach

    Method
    Valuation
    Relative Method
    $209,337
    Geo Method
    $209,056
  • Alternative Use

    Use
    Valuation
    Residential
    $333,948
    Hospitality
    $305,894
    Educational
    $254,500
    Medical
    $263,253
    Retail
    $395,890
16 Division St, Peekskill, New York

Location Insight

City
Peekskill
County
Westchester
State
New York
Latitude
41.2903
Longitude
-73.9206
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$5,000
$27,200
$32,200
-
$209,205
$1,138,075
$1,347,280

FAQs

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