Grabbing a cup of joe on your way to the train at Peekskill’s Metro North station may get a lot easier in the next year or so.
The Metropolitan Transportation Authority posted a Request for Proposal on its website on July 8 for the former Kelly’s building that has been vacant since spring of 2009. In the last two weeks Royal Properties Inc., the MTA’s broker for the property, has received positive feedback and some serious offers, according to Craig Benson, the company’s Vice President.
The 7,395-square-foot, one-story structure was built in 1874 and includes a 1,630-square-foot outdoor plaza. The lease agreement includes eight short-term parking spaces in front of the building. The MTA advertises that the City of Peekskill plans to convert a row of parking to the north of the station to short-term meters that would be available to customers as well.
“It will likely be a restaurant or café kind of a place,” Benson said.
The proposed lease agreement rents the space out for $60,000 per year with a three percent annual increase and a negotiable ten-year minimum on the lease. The Metro-North reserves use of a public waiting area and public restrooms and will require the lessee to provide a morning coffee service between the hours of 6 a.m. to 11 a.m. The RFP also notes that the closed ticket office may be relocated or removed. Lessee is also required to refurbish the existing retail selling area to suit the tenant’s purpose.
In addition, the MTA has applied for the building’s inclusion on the National Register of Historic Places so any renovations made by tenants will be required to comply with the Secretary of the Interior‘s Standards for Rehabilitation and Guidelines for Rehabilitation of Historic Buildings.
All proposals are due by 5 p.m. on August 5 and should be submitted to:
Jeff Kintzer, Principal Royal Properties, Inc. 850 Bronx River Road
Bronxville, NY 10708 Telephone: (914) 237-3403, Ext. 103
Royal Properties is also representing similar Metro North properties in Tarrytown, Port Chester, Ossining and Ardsley.
Read the full RFP by clicking on the pdf attached to this article.
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