MLS#944485
STATUSPending
PROPERTY TYPECommercial - Multiple
Property Description
Prime Mixed-Use Investment Opportunity in the Heart of Putnam ValleyLocated at 1 Oscawana Lake Road, Putnam Valley, NY 10579, this highly visible mixed-use property offers a rare opportunity to own a cornerstone investment in one of Putnam Valley's most walkable and sought-after locations.The property features a ground-level commercial restaurant with two separate residential units, providing multiple income streams and flexible use potential.Commercial Restaurant Space: 1,548 sq. ft., ideally situated at street level with excellent exposure and foot trafficApartment #1: 1,248 sq. ft., located above the commercial space, ideal for owner occupancy or rental incomeApartment #2: 581 sq. ft., a detached accessory building ('cottage), offering privacy and additional rental appealSet in the heart of Putnam Valley, the property enjoys strong walkability to nearby shops, services, and community amenities. Adding significant future value, a new public municipal parking lot is planned for construction at the former Sheriff's Office site, greatly enhancing convenience for patrons and tenants.This property is well-suited for investors, owner-operators, or those seeking a mixed-use asset with long-term upside in a prime location.Don't miss the opportunity to own this exceptional investment property in Putnam Valley.
Property Features
Property Type: Commercial - Multiple
Basement: Crawl Space
Cooling: Central Air
Heating: Hot Water
Lot Size: 0.24 Acres
Stories: 2.0
Taxes: $13,116
Year Built: 1946
Feature Descriptions
Building Area Total: 4625
Business Type: Bar/Tavern/Lounge, Residential, Restaurant
Days on Site: 155
Electric: 200+ Amp Service
Exterior: Shingle Siding
Flooring: Hardwood
Heating Zones: 2
Lot Features: Corner Lot
On Market Date: 2025-12-31
Parcel Number: 372800-091-027-0001-004-000-0000
Parking Features: On Street, Private, Open
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Sewer: Public Sewer
Units: 2
Utilities: Natural Gas Available, Natural Gas Connected
Water: Shared Well
Waterfront Features: River Access, River Front
Listed By / Shown By
Listing By
Agency Name: Lena Family Realty LLC
Agency Contact: 914-815-3173
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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1 Oscawana Lake Road | MLS# 944485
This commercial property located at 1 Oscawana Lake Road, Putnam Valley, NY 10579 is currently listed for sale with an asking price of $699,000. Search Putnam Valley real estate on www.coldwellbankerchoice.com today.