$2,850,000
( $77.03Per Sq Foot )
 $15,299 est/mo Sourced by Back At You

25 N Malcolm Street,Ossining, NY 10562

Ossining, NY 10562

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Description

A picturesque 4.22 acre site with majestic Hudson river views. It is a residentially zoned site improved with two connected buildings. This is currently a T-Zone 2 family zone. There exists a conditional approved plan by the Town of Ossining for a replacement and expansion of the nursing home consisting of 90 beds plus 64 parking spaces and 5 handicapped spaces dating back to 2017. However, this plan has now expired. From a 2020 appraisal report, a potential subdivision can be approved and completed for an estimated 11 finished lots, which reflects the necessary provisions for roadways and infrastructure under T; Two-Family zoning or 51 apartments under the extraordinary assumption of MF-1; Multi-Family zoning. Existing non confirming lot, may not be in effect. A rezone is possible through a process called change of use. Current Gross Building area of 37,143 SF with macadam surface parking for 32 vehicles. A 2020 appraisal available upon request. The building had been occupied by Victoria Home for Aged British Men & Women for over a century. The 49-room Victoria Home Skilled Nursing and Rehabilitation facility is now closed. Located along the Hudson RIver 50 min from NYC Ossining is a culturally diverse, affordable place to live, rich in both history and natural beauty. Easy access to public transportation, Bee Line Bus and Metro North service the area. A rare opportunity for a fabulous new development.

Details

MLS #845365
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusPending
Year1928
Days On Site496
Listing Provided ByJulia B Fee Sothebys Int. Rlty | Bonnie Stein

Features

SQ Feet37,000
Story(s)3
Units2
Building(s)2
ZoningMulti Family - T
Acreage4.22
Property ViewRiver, Trees, Woods

Interior

CoolingDuctless
HeatingElectric, Oil

Exterior

Construction MaterialsBrick
Lot FeaturesLandscaped, Near Public Transit, Near School, Near Shops, Private, Views, Waterfront

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value4770700
Tax Annual Amount45729.73

Area Information

StateNY
CountyWestchester County
CityOssining
Zip Code10562
School DistrictOssining High School
Elementary SchoolContact Agent
High SchoolOssining High School
Sourced by Back At You

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Learn More About This Property

StateNY
CountyWestchester County
CityOssining
Zip Code10562
School DistrictOssining High School
Elementary SchoolContact Agent
High SchoolOssining High School
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.137M - $3.562M
sqft: 27,500 - 46,000
Nearby Listings Property ImageNearby Listings Details
80 Main Street Property Photo 1
$8,500,000
80 Main Street
Ossining, NY 10562
Listing Updated: July 9, 2026 at 3:18:35 PM PDT