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$ 3,200,000

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25 N Malcolm ST Ossining, NY 10562

4.22 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY845365

Originating Board onekey2

Rental Info No

Year Built 1928

Annual Tax Amount $45,729

Lot Size 4.220 Acres

Acres 4.22

Property 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 an approved 2017 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. 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.

Location

State NY

County Westchester County

Interior

Heating Electric, Oil

Cooling Ductless

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View River, Trees/Woods

Total Parking Spaces 32

Building

Lot Description Landscaped, Near Public Transit, Near School, Near Shops, Private, Views, Waterfront

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Contact Agent

Middle Schools Anne M Dorner Middle School

High Schools Ossining High School

School District Ossining

Others

Special Listing Condition None

Listed by Julia B Fee Sothebys Int. Rlty

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25 N Malcolm ST Ossining, NY 10562

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25 N Malcolm ST