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47 S Water St
Peekskill, NY 10566
Peekskill Brewery · Flex Property For Sale

Investment Highlights

  • Transit Accessible: Just 2 blocks from the Metro-North Train Station (Hudson Line to NYC).
  • Historic Character: Former brewery building with industrial charm and high ceilings.
  • Strong Downtown Revival: Located within Peekskill’s growing arts, dining, and nightlife district.
  • Prime Downtown Location: Steps from restaurants, shops, and the Peekskill waterfront.
  • Ample Power & Utilities: Designed to support restaurant, brewery, and event operations.

Executive Summary

47 S Water Street in Peekskill, NY, is a notable commercial property, previously home to the popular Peekskill Brewery. The building itself is a modern, multi-level structure that exudes an industrial yet contemporary vibe, fitting seamlessly into the vibrant, historic character of Peekskill’s waterfront district.
The City of Peekskill has been awarded $10 million through Round 4 of New York State's Downtown Revitalization Initiative DRI for the Mid Hudson region. The DRI award will
catalyze innovative publicly and privately led improvements to Peekskill's downtown and waterfront. These projects will focus on providing safe and convenient pedestrian amenities that link existing community assets with new sites for tourism, the arts, recreation and business growth, generating employment opportunities for a range of skill and wage levels.
Former Use - Peekskill Brewery: Peekskill Brewery was a beloved local establishment, known for its craft beers and community atmosphere. The building was designed to cater to a large volume of customers, with a brewery on-site that added to the building's unique appeal. The brewery's former layout is advantageous for similar uses, such as a brewery, restaurant, or any business that benefits from a blend of open spaces and private rooms.

Property Facts

Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Freestanding
Building Class C
Lot Size 0.50 AC
Rentable Building Area 14,000 SF
No. Stories 4
Year Built 1928
Clear Ceiling Height 10’
Zoning WF-2 - Water Front - Suitable for most commercial and light industrial uses.

Amenities

  • Commuter Rail
  • Courtyard
  • Freezer (Space)
  • Metro/Subway
  • Restaurant
  • Security System
  • Roof Terrace
  • Storage Space

Property Taxes

Property Taxes

Parcel Number
1200-032-012-00004-000-0005-1
Land Assessment
$6,256 CAD
Improvements Assessment
$26,276 CAD
Total Assessment
$32,532 CAD
  • Listing ID: 38424498

  • Date on Market: 2025-11-12

  • Last Updated:

  • Address: 47 S Water St, Peekskill, NY 10566

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