www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31741351

1723 Main St, Peekskill, NY 10566

KH
IL 471008018
KELCO Investments
Listed by KELCO Investments
$10,313,337
49 days on market
Updated 35 days ago
Opportunity zone

Main St. Plaza - NNN 100% Occupied

Details
Property Type Retail
Sub Type Auto Shop, Convenience Store (+1)
Square Footage 26,667
Units 5
Cap Rate 6.50%
NOI $663,650
Occupancy 100%
Tenancy Multi
Brand/Tenant Dollar General, Dollar Tree (+6)
Lease Type NNN
Price per SqFt $387
Year Built 2017
Year Renovated 2025
Acreage 1.720
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple

100% leased NNN | 6.50% CAP | Westchester County Prime US-6 Frontage

Marketing description

This is a rare opportunity to own a fully-occupied strip center located on one of Westchester County’s prime US Hwy 6 (Main St.), the longest continuous US Route in the country. The 79-mile portion of US-6 in New York traces the storied Hudson River Valley and is a high-visibility, high-volume retail corridor commanding daily traffic counts of over 13,000 in a city of 26,000 people, packed into just 4.3 square miles, one of the tightest population densities in Westchester County.

The traffic generators extend beyond the city limits. US-6 serves as a gateway corridor to the most-visited tourist attractions in the Northeast, such as Bear Mountain, Harriman State Park, Storm King Art Center, and Taconic State Parkway, thus funneling a relentless stream of regional and tourist traffic directly past Main St. Plaza.

Peekskill, or “PK,” is a city in Westchester County located in the renowned Hudson River Valley, just 50 miles north of NYC. Known for its dynamic arts scene, significant history, beautiful waterfront, easy access to trails, and walkable town, the vibrant city attracts day trippers, residents, and visitors from Vassar College, Marist College, West Point Military Academy.

Investment highlights

  • Irreplaceable location — US-6's permanent traffic infrastructure is a durable, non-replicable competitive moat.
  • High Barrier to entry market no availability for new construction on US-6 in Peekskill
  • NYC proximity + Surrounding historic tourist destinations + Institutional adjacency — Bear Mountain, Harriman, Storm King, and Taconic are year-round destinations. West Point, Vassar, and Marist create a high-income, educated consumer base that insulates the retail corridor from economic softness.
  • Recession-resistant retail ecosystem AutoZone, Family Dollar, and Beer World, a dominant 10-store regional operator, form a complementary, high-frequency destination that drives cross-visitation. This is supported by Family Dollar's annual store sales reporting.

Listing Contacts

KH
IL 471008018
KELCO Investments
Listed by KELCO Investments

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$663,650.00
$55,304.17/mo

Valuation Metrics

0
DSCR
6.43%
Cap Rate
6.43%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591