229 Nelson Avenue
About This Property
Original woodwork and flooring throughout the home, views of the staircase from the living room, dining room with original ceramic tiled fireplace and built-in china cabinet with leaded glass doors, powder room, a butler's pantry with under counter wine cooler, a chef's kitchen with large pantry with servant stairs to the upper floors and lower level, there is a door from the kitchen out to rear garden.
A legal six bedroom converted to a five bedroom to make for a second-floor sizable primary suite with a walk-in closet, private bath and tower sitting room with the 3rd authentic ceramic fireplace, there is an additional bedroom on this floor with built-ins and a full bath. The legal third floor has two bedrooms, office space, and ample storage rooms.
The location is ideal in the heart of the historic district, walk to restaurants, shops, public transportation, schools, parks, libraries and more. You can reduce the taxes by $1725 if you qualify for STAR. Additional Information: Amenities:Dressing Area,Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by Joseph Baratta Company Realty | $699,000 | |
| Listed by Joseph Baratta Company Realty | |||
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Grand 1890 Queen Anne Victorian in Historic Peekskill -
Discover the allure of a bygone era in this magnificent 1890 Queen Anne Victorian residence, a true landmark within the historic heart of Peekskill. Occupying a prominent corner lot, this stately home offers an impressive 3,312 square feet of living space, featuring 5 spacious bedrooms and 4 well-appointed bathrooms.
The exterior showcases its distinctive character with its unique roofline, inviting front porch, and a mostly fenced-in yard.
Major infrastructure upgrades that have been completed are listed here:
New Roof & Gutters (2024): Includes a transferable 25 year warranty.
New Back Deck (August 2025): Includes a transferable 25 year warranty.
Chimney Repointing & Liner (2023): Comes with a transferable lifetime warranty.
Inside, the residence has been meticulously preserved, highlighting the stunning original woodwork that defines every room: gorgeous wood staircase, solid wood doors, and built-in cabinetry. These artisanal details provide unparalleled character and warmth. High ceilings and rich hardwood floors flow through the elegant living areas, complemented by MULTIPLE storage spaces throughout the home.
The chef's kitchen is a delight, offering a spacious pantry and convenient access to the upper level via a "secret" back staircase—a unique architectural feature providing practical alternative circulation within the home's original design.
Imagine having your own inspiring office space or reading nook nestled within the home’s charming architectural turret!
A unique financial advantage: the historic Peekskill neighborhood status makes this property eligible for a 10% New York State tax refund on qualified work done to maintain the home's historic integrity.
Enjoy a serene lifestyle in this vibrant, walkable neighborhood, with easy access to the Hudson River waterfront, local dining (such as The Copperhead Club), arts scene, and the commuter train station, with express options into NYC in 1 hour! This is more than a home; it's an enchanting glimpse into history, offering a rare opportunity for the discerning buyer to own a one-of-a-kind property with exceptional peace of mind.
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| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017