Movoto Real Estate
Sold on 06/26/2025
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1219 S Division St, Peekskill, NY 10566

  • $602,000

    Last sold 06/26/2025 for $599K

  • bed

  • 3

    bath

  • 2,800

    Sqft ($214/Sqft)

Multi-family not for sale
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About 1219 S Division St

Property type Multi-family
Year built 1934
HOA fee $0/month
Lot size 4,787 Sqft
Movoto estimate
Rental estimate
Property description
Exceptional Investment Property in the Heart of Downtown Peekskill! This well-maintained legal 2-family residence offers two income-generating units & presents a rare opportunity for both seasoned investors or owner-occupants. With no deferred maintenance, this is a true turnkey asset delivering strong & reliable rental income from day one. The huge finished walk-out basement offers the owner a versatile space-use your imagination. It features a studio layout with a bathroom & private mudroom & access to unfinished storage. The main level includes 2 bedrooms, a full bath, living room, & eat-in kitchen. The second-floor unit boasts 4 bedrooms, a full bath, living room, & kitchen — ideal for maximizing rental potential. Additional features include: Small, usable backyard with scenic city views, unfinished storage space in basement, convenient street parking, & just a 3-5 minute drive to the Metro-North station, perfect for commuters. Located in a vibrant downtown setting, residents enjoy close proximity to beautiful parks, a weekly farmer’s market, live concerts, restaurants, & shopping — all just steps away. This high-demand location supports excellent tenant retention, & the property's layout & condition make it an ideal choice for maximizing cash flow. Don’t miss this opportunity to own a high-performing, income-producing property in one of Westchester County’s most walkable & dynamic neighborhoods. Oil tank is in the basement.
Listed by
Listing Agent - Michael F Levy
Listing Office - eXp Realty
Source: OneKey MLS mls logo
MLS#863066 • last updated 6 months ago
Movoto checked OneKey MLS for data 10 minutes ago
Overview
Cooling/AC Wall/Window Unit(s)
Heating Oil, Steam, Other
Levels/Style Colonial
MLS # 863066
SubType Duplex
Status Closed
Type Residential Income
Lot Size (SqFt) 4788
Lot Size (Acres) 0.1099
Property Tax 12096.48
Tax Assessed Value 9500
Year Built 1934
Property Condition Actual
Interior
Total # of Bathrooms 3
# of Full Baths 3
Basement Finished, Full, Storage Space, Walk-Out Access
Laundry Other
Interior Features Other
Exterior
Construction Frame
Parking On Street
Fencing None
Amenities / Utilities
Utilities Cable Connected, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Water Source Public
Location
View City
County Westchester County
Elementary School Oakside School
Middle School Peekskill Middle School
Elementary School District Peekskill
Middle School District Peekskill
High School District Peekskill
High School Peekskill High School
APN 1200-033-010-00002-000-0046
Directions S. Broad St. To Intersection Of S. Division St. & Maple Ave. Then East On S. Division St. House On The Right.
Multifamily Details
Operating Expense 12000
Cap Rate 10
Gross Income 61680
Expense: Fuel 4000
Expense: Other 5000
$602K
Range: $523K-$680K
Last 30 days 
Rental est.: $2,502/month
Gross rent multiplier: 20.0
  • Dec 2025
    mls logo MLS # 863066
  • Dec 8, 2025 Sold
    $599,900
  • Jun 26, 2025 Pending
  • May 19, 2025 Listed
    $599,900
  • 1219 S Division St
    $599K
  • 10566
    $430K +10% y/y
  • Peekskill
    $430K +8% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 1219 S Division St
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