BEDS0
BATHS
MLS#985666
STATUSActive
PROPERTY TYPECommercial - Multiple
Property Description
Fully leased mixed-use investment property located in the heart of Peekskill. 939 Central Ave consists of three income-producing units, including a ground floor commercial space, a second-floor commercial unit, and a newly renovated two-bedroom apartment on the third floor. The commercial tenant occupies both the first and second floors, providing a strong and stable income stream with annual rent escalations in place. The third-floor residential unit has been recently renovated and offers consistent rental income. The property has undergone significant improvements, including a new roof and updated building systems, resulting in a well-maintained, low-maintenance asset. All units are currently leased, offering immediate cash flow for investors. Current cap rate is approximately 6.3% with additional upside through contractual rent increases. Conveniently located near downtown amenities, transportation, and major roadways. Call today for your private tour.
Property Features
Property Type: Commercial - Multiple
Basement: Crawl Space
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.03 Acres
Stories: 3.0
Taxes: $14,553
Feature Descriptions
Building Area Total: 2760
Business Type: Retail
Days on Site: 1
Exterior: Brick
Heating Zones: 2
On Market Date: 2026-04-16
Parcel Number: 1200-033-029-00006-000-0012
Parking Total: 0
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Partner
Agency Contact: 914-962-0007
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR PROPERTY
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:03:12 AM EST) or NJMLS/ IDX (last updated Thu 04/16/2026 11:23:42 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:00:17 AM EST) or REBNY MLS (last updated Thu 04/16/2026 9:21:58 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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939 Central Avenue | MLS# 985666
This commercial property located at 939 Central Avenue, Peekskill, NY 10566 is currently listed for sale with an asking price of $950,000. Search Peekskill real estate on www.joycerealty.com today.