25 N Malcolm Street

Ossining, NY 10562

  • $2,850,000
  • 4.22 Acres
  • 1928 Built

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.

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Property Highlights
  • SCHOOL DISTRICT : Ossining
  • ELEMENTARY : Contact Agent
  • MUNICIPALITY : Ossining
  • VIEW : River, Trees/Woods
  • DAYS ON MARKET : 101
  • MLS : 845365
  • TAXES : $45,730
  • Bonnie Stein

    Associate Real Estate Broker
    M
    View My Profile
  • Ellen Stern

    Associate Real Estate Broker
    M
    View My Profile

Additional Information

ADDITIONAL INFORMATION
  • DAYS ON MARKET: 101
  • ELEMENTARY SCHOOL DISTRICT: Ossining
  • HIGH SCHOOL: Ossining High School
  • MIDDLE SCHOOL: Anne M Dorner Middle School
  • ON MARKET DATE: 2025-04-15
  • PARKING SPACES: 32
  • SEWER: Public Sewer
  • TYPE: Commercial Sale
  • UNIT COUNT: 2
  • UTILITIES: Electricity Connected, Sewer Connected, Water Connected
  • VIEW: River, Trees/Woods
  • YEAR BUILT: 1928
INTERIOR FEATURES
  • COOLING: Ductless
  • HEAT: Electric, Oil
EXTERIOR FEATURES
  • CONSTRUCTION MATERIALS: Brick
ASSESSED VALUE AND TAXES
  • TAX AMOUNT: $45,729

Listing Courtesy of Bonnie Stein of Julia B Fee Sothebys Int. Rlty (914.967.4600).

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Location for 25 N Malcolm Street, Ossining, NY

Community

Ossining>

Ossining

Westchester County, New York

Like many of the lovely Westchester County river communities along the scenic Hudson River, the village of Ossining is steeped in history and offers a wealth of waterfront recreation, many forms of public...

Request More Info for 25 N Malcolm Street, Ossining, NY

  • Bonnie Stein

    Bonnie Stein

    Associate Real Estate Broker
    M
    View My Profile
  • Ellen Stern

    Ellen Stern

    Associate Real Estate Broker
    M
    View My Profile