25 N Malcolm Street, Ossining, NY, 10562
1928
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.
Status:
Pending
Type:
Commercial
Units:
2
Heating:
Electric, Oil
Cooling:
Ductless
Levels:
3
Parking:
32-car
Acreage:
4.22
Est. Taxes:
$45,730
Assessment
$4,770,700
Construction
Brick
Utilities
Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Landscaped, Near Public Transit, Near School, Near Shops, Private, Views, Waterfront
View Description:
River, Trees/Woods
Middle School:
Anne M Dorner Middle School
High School:
Ossining High School
School District:
Ossining
Days on Market:
120
MLS #:
845365
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Julia B Fee Sothebys Int. Rlty 914-967-4600