New Listing - 06/24/2026
911 South Street, Peekskill, NY, 10566
1900
Welcome to 911 South Street, a rare mixed-use commercial multiple building complex offering exceptional income in one of historic downtown Peekskill's most vibrant and sought-after locations. Net profit EXCEEDS $100,000 per year and a Cap Rate of 7.8% (excluding a management fee and minor repairs). This unique asset features five fully independent units, each with its own separate utility meter, providing maximum flexibility for investors, owner-users, and entrepreneurs alike. The property is currently fully leased and generating strong rental income, making it an attractive turnkey investment. However, an owner-user is a possibility in a commercial space. The unit mix includes an established restaurant with capacity for 74 people, an ice cream parlor with an additional lounge, one professional office space, and two New York—Soho style artist lofts, creating a diverse and stable income stream. Situated in a high-visibility location within Peekskill's thriving Artist District, the property benefits from excellent pedestrian and vehicle traffic, surrounded by local businesses, dining, arts, and cultural attractions, including the Paramount Theater. The independently operating units allow for multiple ownership strategies, including continued investment income, live/work opportunities, or future tenant repositioning. Whether you're looking to expand your portfolio or acquire a cash-flowing commercial asset in a dynamic growth market, 911 South Street presents an exceptional opportunity. Don't miss your chance to own a performing asset in one of Westchester County's emerging commercial corridors.
Status:
Active
Type:
Commercial
Units:
5
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Levels:
2
Parking:
Open
Acreage:
0.12
Est. Taxes:
$20,894
Assessment
$18,400
Construction
Clapboard
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Elementary School:
Hillcrest
Middle School:
Peekskill Middle School
High School:
Peekskill High School
School District:
Peekskill
Days on Market:
1
MLS #:
1018002
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Mark Seiden Real Estate Team 914-762-2200