Courtesy: eRealty Advisors, Inc
914-712-6330
3 Family-2 Family-Single-Family-4-Lots Portfolio right next to downtown!! Located at 1260 -1320 Crompond Rd, Peekskill, NY 10566, this property consists of a triplex, a duplex, and a single-family house totaling 6 apartments and 4 vacant lots. These lots are located within an Opportunity Zone. The total area is 1.22 acres and all properties are separated with all tenants paying their own utilities. The prime area of Peekskill next to downtown give the property incredible value and it has a current gross income of over 175k annually, but the best part is that the city of Peekskill is very pro-development and there are many projects in progress right now and this specific property is within walking distance of city center. Nearby developments include mixed-use properties, apartment complexes, rental spaces, and more. Demographics are great in the area as well, with high levels of education, employment, and income. This is a great development site opportunity and the possibilities are plenty. As a developer, you will be able to go through rezoning and wait for approvals while the carrying cost is being covered by the current rental income!!
Peekskill is located in New York. Peekskill, New York has a population of 25,304. Peekskill is less family-centric than the surrounding county with 31.03% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in Peekskill, New York is $75,642. The median household income for the surrounding county is $105,387 compared to the national median of $69,021. The median age of people living in Peekskill is 40.8 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 50.4 inches per year, with 34.9 inches of snow per year.
