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Re-Development Opportunity or Owner/User 126 N James St

25,868 SF Vacant Industrial Building Peekskill, NY 10566 $1,498,000 ($58/SF)

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Executive Summary

Explore the potential of this prime commercial property perfect for re-development.
Spanning 26,000 square feet on a 17,387 square foot lot, this two-story building, comprising approximately 25,655 SF, presents a unique opportunity in Peekskill's bustling landscape.
Currently vacant and in need of substantial renovation, this property boasts a strategic location near the Peekskill train station, major highways, and public transportation, with high traffic counts averaging 8,000 – 9,300 cars per day.
Zoned C-2 and assessed at $15,356 in taxes annually, this property offers flexibility for various commercial uses, from warehousing and distribution to potential mixed-use development.
Whether you're an investor seeking a strategic addition to your portfolio, or a developer poised to capitalize on Peekskill's economic growth, this property presents an exceptional opportunity to shape the future of commercial real estate in Peekskill, NY.

126 N James - Lefkowitz

126 N James Flyer_090924

Property Facts

Price	$1,498,000	Rentable Building Area	25,868 SF
Price Per SF	$58	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1950
Property Type	Industrial	Parking Ratio	0.39/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Flex Showroom Industrial Distribution	Clear Ceiling Height	10 FT
Building Class	C	No. Drive In / Grade-Level Doors	4
Lot Size	0.40 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,498,000
Price Per SF	$58
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Flex Showroom Industrial Distribution
Building Class	C
Lot Size	0.40 AC
Rentable Building Area	25,868 SF
No. Stories	2
Year Built	1950
Parking Ratio	0.39/1,000 SF
Clear Ceiling Height	10 FT
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.