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907-911 South St 6,650 SF 100% Leased Retail Building Peekskill, NY 10566 $1,917,170 CAD ($288.30 CAD/SF) 7.88% Cap Rate



Investment Highlights
- Mixed-Use Building, 5 Units, 6 Electrical Meters, 5 Gas Meters
- All Units Currently Leased
- Pedestrian and Vehicle Traffic, High Visibility Location, Historic Downtown Peekskill
Executive Summary
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 7.9% (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.
Data Room Click Here to Access
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$194,474
|
$29.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$194,474
|
$29.24
|
| Taxes |
$32,753
|
$4.93
|
| Operating Expenses |
$10,605
|
$1.59
|
| Total Expenses |
$43,357
|
$6.52
|
| Net Operating Income |
$151,117
|
$22.72
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $194,474 |
| Annual Per SF | $29.24 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $194,474 |
| Annual Per SF | $29.24 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,753 |
| Annual Per SF | $4.93 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,605 |
| Annual Per SF | $1.59 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $43,357 |
| Annual Per SF | $6.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $151,117 |
| Annual Per SF | $22.72 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,650 SF
Building Class
B
Year Built/Renovated
1920/2006
Price
$1,917,170 CAD
Price Per SF
$288.30 CAD
Cap Rate
7.88%
NOI
$151,117 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.27
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
retail/mixed use - off street parking
Street level retail and restaurant
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gleason's
- Retailer
- -
- -
- -
- Jk Productions
- Information
- -
- -
- -
- Medical Communications Foster
- Arts, Entertainment, and Recreation
- -
- -
- -
- Mustache Vineyards
- Agriculture, Forestry, Fishing and Hunting
- -
- -
- -
- Nine Eleven South Street LLC
- Real Estate
- -
- -
- -
- Retrovto Consignments & Clctbl
- Retailer
- -
- -
- -
- Sam & Zanzis Toy Shop
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gleason's | Retailer | - | - | - | ||
| Jk Productions | Information | - | - | - | ||
| Medical Communications Foster | Arts, Entertainment, and Recreation | - | - | - | ||
| Mustache Vineyards | Agriculture, Forestry, Fishing and Hunting | - | - | - | ||
| Nine Eleven South Street LLC | Real Estate | - | - | - | ||
| Retrovto Consignments & Clctbl | Retailer | - | - | - | ||
| Sam & Zanzis Toy Shop | Retailer | - | - | - |
Moderately walkable
70/100
Fairly drivable
40/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1200-033-037-00003-000-0009 | Total Assessment | $25,651 CAD (2025) |
| Land Assessment | $6,441 CAD (2025) | Annual Taxes | $32,753 CAD ($4.93 CAD/SF) |
| Improvements Assessment | $19,210 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1200-033-037-00003-000-0009
Land Assessment
$6,441 CAD (2025)
Improvements Assessment
$19,210 CAD (2025)
Total Assessment
$25,651 CAD (2025)
Annual Taxes
$32,753 CAD ($4.93 CAD/SF)
Tax Year
2026
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Presented by
Mark Seiden Real Estate Team
907-911 South St
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