20 Melnick Place, Lake Peekskill, NY 10537

Lake Peekskill
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
20 Melnick Place,Lake Peekskill, NY 10537
$549,000
  • 4 Beds
  • 2 Baths
  • 1,387 sq. ft.
  • Multi-family
  • Pending
Listed by: justin tompkins
Office: tompkins realty
MLS#:999121
Source:OneKey MLS

Price summary

  • Price:$549,000
  • Price per sq. ft.:$395.82

About this home

Rare opportunity to own a turn key legal two-family home in the highly sought-after Putnam Valley School District! Whether you’re an investor looking for strong cash flow or an owner-occupant hoping to offset your mortgage with rental income, this property offers exceptional flexibility and value. Currently generating approximately $5,000 per month in rental income, this is a unique investment opportunity in an area where legal two-family homes are rarely available. Both 1 bedroom units have been completely renovated and lives like a 2-bedroom, 1-bath apartment with updated finishes throughout. The property features plenty of off-street parking, a large backyard, and the added privacy of having no neighbors directly behind the home. Enjoy lake rights to beautiful Lake Peekskill while being conveniently located near shopping, parks, and commuter routes. Whether you are looking to expand your portfolio or create the perfect owner-occupied setup, 20 Melnick Place offers an incredible...

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Home facts

  • Year built:1950
  • Listing ID #:999121
  • Added:92 day(s) ago
  • Updated:August 14, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,387 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1950
  • Building area:1,387 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Putnam Valley High School
  • Middle school:Putnam Valley Middle School
  • Elementary school:Putnam Valley Elementary School

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$549,000
  • Price per sq. ft.:$395.82
  • Tax amount:$13,047 (2025)

Parking

  • Parking description:Driveway
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