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$2,850,000
PRICE
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37,000
Sqft
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4.22
Acres
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1928
Built
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$77
Price/Sqft
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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Additional Information
ADDITIONAL INFORMATION
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DAYS ON MARKET:
120
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ELEMENTARY SCHOOL DISTRICT:
Ossining
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HIGH SCHOOL:
Ossining High School
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MIDDLE SCHOOL:
Anne M Dorner Middle School
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ON MARKET DATE:
2025-04-15
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PARKING SPACES:
32
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SEWER:
Public Sewer
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TYPE:
Commercial Sale
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UNIT COUNT:
2
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UTILITIES:
Electricity Connected, Sewer Connected, Water Connected
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VIEW:
River, Trees/Woods
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YEAR BUILT:
1928
INTERIOR FEATURES
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COOLING:
Ductless
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HEAT:
Electric, Oil
EXTERIOR FEATURES
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CONSTRUCTION MATERIALS:
Brick
Listing Courtesy of Bonnie Stein of Julia B Fee Sothebys Int. Rlty (914.967.4600).
Location for 25 N Malcolm Street, Ossining, NY
Schools
for 25 N Malcolm Street, Ossining, NY
Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each
of the schools in our area.