Mixed-Use Investment Near Osceola
3764 Wood Street, Jefferson Valley, NY 10535
Residential and commercial properties with income potential near Osceola Lake.
Type:Commercial
- Added:
- Oct 28, 2025
- Days on Market:
- 215
- Last Refresh:
- Apr 5 at 8:32 pm
Property Features for 3764 Wood Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing agent DRITA V. SHALA License #10401221172
Listing office HOWARD HANNA RAND REALTY (914) 245-4422
Listing date Oct 28, 2025
Source Corcoran
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 HOWARD HANNA RAND REALTY
HighLights
- High Income Potential: Portfolio includes multiple rental units and a vacant bar/restaurant with significant income potential ($6500 estimated market value rent).
- Mix of Residential and Commercial Properties: Offers diversified income streams and future development possibilities.
- Renovated Three‑Bedroom House: The house at 3764 Wood Street was totally renovated in 2022‑2023, featuring three bedrooms, three baths, laundry, private parking, and lake views.
- Ample Parking: Provides parking for 10‑15 cars near the bar/restaurant, plus additional spaces for the duplex, enhancing accessibility.
- Prime Location Near Osceola Lake: Benefits from recreational appeal, making it attractive to tenants and customers.
- Existing Leases in Place: Investment boasts strong income potential with a cap rate of 5.9% (excluding the bar/restaurant).
Overview
This investment opportunity includes a mix of residential and commercial properties suitable for income generation and future development. The portfolio consists of three properties on one lot. One property, located at 3764 Wood Street, is a house that was totally renovated between 2022 and 2023. It features a three-bedroom, three-bath unit with laundry facilities, private parking, and views of the Oceola. The rent is $3175 per month, with the tenant responsible for all utilities. The lower level contains a one-bedroom apartment renting for $2000 per month, with the tenant paying all utilities. Another property, located at 412 E Main Street, is a one-bedroom cottage house renting for $1600 per month, with the tenant responsible for all utilities. It has a basement with utilities and a washer/dryer for all four tenants. The third property, located at 406 E Main Street, is a bar/restaurant that is currently non-operational. The owner cleaned up the property, fixed the siding, put a retaining wall on the side, and fixed the parking lot. Above the bar are two residential units: a two-bedroom unit renting for $2500 per month and a one-bedroom unit renting for $1800 per month. The bar/restaurant is currently vacant, with an estimated market value rent of $6500. The property includes ample land with parking for 10-15 cars near the bar/restaurant and additional spaces for the duplex. The property is located near Osceola Lake. The investment has a cap rate of 5.9%, not including the bar/restaurant, with an estimated income of $6500 per month. The property also includes an adjacent property at 3764 Wood St Tax ID 55540000601700010710000000. The heating fuel is oil above ground.
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Jefferson Valley
- County
- Westchester
- State
- New York
- Longitude
- -73.7992
- Latitude
- 41.3361
FAQs
What type of property is this?
Mixed-use property - Residential and commercial properties with income potential near Osceola Lake.
Where is this mixed-use property located?
The property is located at 3764 Wood Street Jefferson Valley, NY.
What is the asking price?
The asking price for this property is $1,586,000.
What are key features of this property?
This property features: High Income Potential: Portfolio includes multiple rental units and a vacant bar/restaurant with significant income potential ($6500 estimated market value rent).; Mix of Residential and Commercial Properties: Offers diversified income streams and future development possibilities.; Renovated Three‑Bedroom House: The house at 3764 Wood Street was totally renovated in 2022‑2023, featuring three bedrooms, three baths, laundry, private parking, and lake views.
