1019 Park Street, Peekskill, NY 10566 For Lease

An exceptional opportunity to lease approximately 3,400 SF of ground-floor restaurant or retail space at 1019 Park Street, located in the heart of downtown Peekskill’s revitalized commercial corridor. The space is situated at street level in a prominent mixed-use building anchored by M&T Bank, providing built-in daily foot traffic and long-term tenancy stability. Positioned along Park Street, one of Peekskill’s most heavily traveled vehicular and pedestrian corridors, the property benefits from outstanding visibility, strong storefront presence, and continuous activity throughout the day and evening. The location places the space within walking distance of restaurants, entertainment venues, residential buildings, and municipal amenities that define downtown Peekskill’s resurgence. The building is undergoing a comprehensive redevelopment that includes upper-floor residential apartments above the commercial base, further enhancing on-site and nearby demand for food, beverage, and service-oriented users. According to the approved plans, the ground floor is designed to accommodate a 3,400 SF commercial tenant, ideal for a restaurant, café, bar concept, or destination retail user seeking a vibrant urban setting The property is minutes from major highways including Route 9, Route 202, and the Bear Mountain Parkway, and is convenient to the Peekskill Metro-North station, offering direct service to Grand Central Terminal. This connectivity makes the site attractive not only to local residents, but also to commuters and regional visitors drawn to Peekskill’s dining and cultural scene. Historically, 1019 Park Street has been a core downtown commercial building, long associated with financial and professional uses and now repositioned to support modern retail and restaurant tenancy as part of the city’s broader downtown reinvestment. Its corner presence, institutional anchor, and adaptive reuse plan align squarely with Peekskill’s ongoing economic development initiatives. Highlights include: 3,400 SF ground-floor restaurant / retail space. Prominent location on high-traffic Park Street. Anchored by M&T Bank. Surrounded by residential, dining, entertainment, and cultural uses. Upper-floor residential redevelopment adding built-in customer base. Excellent access to highways and Metro-North. Located in the center of revitalized downtown Peekskill. This is a rare opportunity to secure a flagship downtown Peekskill location with visibility, density, and long-term growth fundamentals.