Skip To Content

25 N Malcolm Street

Ossining, NY 10562
  • $2,850,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 845365
Price Reduced
$2,850,000
  • 0
    BEDS
  • 4.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Information

Elementary School:
High School:
School District:

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 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.

Monthly Payment Calculator



© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-07-11T00:18:41.21.
www.thetesslerteam.com/homes/162602913
Print Image

25 N Malcolm Street Ossining, NY 10562

  • Price: $2,850,000
  • Status: Active
  • On Site: 86 Days
  • MLS #: 845365
0
Beds
0
Baths
0
½ Baths
4.22
Acres
1928
Built
Neighborhood:
Ossining
County:
Westchester
Area:
Ossining
Elementary School:
Contact Agent
Middle School:
Anne M Dorner Middle School
High School:
Ossining High School
School District:
Ossining
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 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.
Exterior Features

Construction Materials Brick Lot Features LandscapedNear Public TransitNear SchoolNear ShopsPrivateViewsWaterfront Parking Total 32 Property Attached YN No Road Responsibility Public Maintained Road Stories Total 3 View RiverTrees/Woods Waterfront YN No

Interior Features

Basement YN No Cooling Ductless

Property Features

Building Area Total 37000 Electric Company Con-Edison Heating ElectricOil Listing Terms Cash Lot Size Area 183823 Property Condition Actual Property Sub Type Multi Family Road Frontage Type Municipal Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 45729.73 Tax Source Municipality Utilities Electricity ConnectedSewer ConnectedWater Connected Village Ossining Water Source Public Zoning Multi Family - T

Listing courtesy of Bonnie Stein of Julia B Fee Sothebys Int. Rlty: 914-967-4600
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-07-11T00:18:41.21.
 
https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_845365-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_845365-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_845365-1.jpg
Logo
The Tessler Team
15 Perlman Drive Suite 118
Spring Valley NY, 10977