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Putnam Valley Mixed-Use Investment
For Sale
$699,000
Pending

1 Oscawana Lake Rd, Putnam Valley, NY 10579

Mixed-use property with commercial restaurant and two residential units.

Property Size3,377 SF
Days on Market97

Property Features for 1 Oscawana Lake Rd

General Information

Standard status Pending
Size 3,377 SF
Property subtype Commercial

Building Details

Year Built 1946
Listing Agency:
Listed By: Jarett Lena
Source: Elliman
Added: Apr 27 Changed: Jul 10 Last Checked: Jul 31 at 8:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jarett Lena

Investment Insights

Based on property information with market context.

Located at 1 Oscawana Lake Road in Putnam Valley, NY, this mixed-use property presents an investment opportunity in a walkable location. The property includes a ground-level commercial restaurant space of approximately 1,548 square feet, offering street-level exposure and foot traffic. Additionally, there are two residential units. Apartment #1, situated above the commercial space, provides approximately 1,248 square feet. Apartment #2, a detached accessory building referred to as a cottage, offers approximately 581 square feet and additional privacy. A new public municipal parking lot is planned for construction at the former Sheriff’s Office site, which will enhance convenience for patrons and tenants. The property is suitable for investors, owner-operators, or those seeking a mixed-use asset with long-term potential.

Key Highlights

  • Prime mixed‑use property in a highly visible, walkable Putnam Valley location.
  • Multiple income streams from a commercial restaurant space and two residential units.
  • 1,548 sq. ft. commercial restaurant space** with excellent street exposure and foot traffic.

Property Analytics

Current Use

Viva La Birria Restaurant Pancho’s & Gringos Mexican ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
3,816 visits/mo 0.2 miles

Demographics for 10579, NY

8,633
Population
3,642
Households
2.4
Avg Household Size
45
Median Age
47%
College-Educated
96%
High-School Grad
34.7 sq mi
ZIP Area
249
Density / Sq Mi
$135,893
Median Household Income
$58,367
Median Earnings
$2,723
Median Rent
$515,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with commercial restaurant and two residential units.
Where is this mixed-use property located?
The property is located at 1 Oscawana Lake Rd Putnam Valley, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime mixed‑use property in a highly visible, walkable Putnam Valley location.; Multiple income streams from a commercial restaurant space and two residential units.; 1,548 sq. ft. commercial restaurant space** with excellent street exposure and foot traffic.
More about this property
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