Prime Income-Producing Opportunity
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 8% 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.
Heating:
Oil, Forced Air, Hot Water, Hydro Air
Cooling:
Central Air, Wall/Window Unit(s)
Utilities
Electricity Connected, Natural Gas Available
School District:
Peekskill
Appliances:
Oil Water Heater
364 Washington Street, Peekskill, NY, 10566
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB