1619 Lincoln Terrace, Peekskill, NY 10566

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Property Description

Exceptional opportunity to own a legal three-family property in the heart of Peekskill! Situated on a desirable corner lot, this well-maintained property features three separate residential units, offering flexibility for both investors and owner-occupants alike.The home includes a first-floor studio, a spacious three-bedroom unit on the second floor, and a two-bedroom unit on the third floor. Each unit offers functional layouts, ample natural light, and separate living spaces, making this an ideal setup for rental income or multi-generational living. The property is being sold with an updated Certificate of Occupancy and can be delivered fully vacant, as all current tenants have been given notice and are expected to vacate by May 1st. This presents a rare opportunity to set your own rents or customize the property to your needs from day one. Additional features include off-street parking, a garage, and a private yard, all located just minutes from downtown Peekskill, Metro-North, shopping, dining, and major roadways.Whether you're looking to expand your investment portfolio or occupy one unit while generating income from the others, this is a versatile and high-potential property you won't want to miss.

1619 Lincoln Terrace | MLS# 972719

This multi-family property located at 1619 Lincoln Terrace, Peekskill, NY 10566 is currently listed for sale with an asking price of $779,000. Lincoln Terrace is located within the Peekskill school district. Search Peekskill real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Basement: Yes
Cooling: None
Garage: 1
Heating: Hot Water
Home Style: Colonial
Lot Size: 0.13 Acres
Taxes: $10,364
Year Built: 1920

Amenities

Eat-in Kitchen
Storage
Balcony

Feature Descriptions

Building Area Total: 3040
Days on Site: 4
Exterior: Brick, Frame
Fencing: Perimeter
Flooring: Carpet, Hardwood, Laminate
GarageY/N: Yes
Heating Units: 3
Lot Features: Corner Lot
On Market Date: 2026-03-19
Parcel Number: 1200-033-006-00018-000-0006
Parking Features: Driveway, Garage, Off Street
Parking Total: 3
Patio And Porch: Porch, Screened, Terrace
Rental Term: Monthly
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Peekskill High School
Middle School: Peekskill Middle School
Elementary School: Woodside Community School
School District: Peekskill

Estimate Your Payment

Estimated Payment

$ 2,824.59 per month $1,733.72 Principal & Interest $863.67 Property Tax $227.21 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Schunk Realty Group
Agency Contact: 914-788-6339

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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