34 State Street, NY

300k+ Buildable Square Foot Fully Entitled Development Site in Westchester County Near Metro-North Train Station

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Overview

Key Highlights

Price $10,950,000
Approved Units 189
Lot Dimensions 412' X 365'
Development Status Fully Entitled W/ Permits

Investment Highlights

• Fully entitled and permitted residential development opportunity on a 6 acre site located in Downtown Ossining in Westchester County.

• Building permits allow for construction of approximately 319,000 square feet, 189 residential units and parking structure.

• Over $3 Million in pre-construction costs already covered by current ownership.

• Site is situated in one of the highest points of the town, boasting pristine water views, and is around the corner from picturesque Downtown Ossining, which is designated as one of 14 New York State Cultural Heritage Sites.

• In close proximity to the Westerly Marina, Shattermuc Yacht Club, and Ossining Boat and Canoe Club.

• Less than a 5 minute walk to the Ossining Train Station (approx. 45 mins to Grand Central) and 2 minutes from Route 9 (with direct access to Manhattan following the Hudson River) as well as Routes 100,117,133, & 9A (Albany Post Road).