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Ossining Mixed-Use Development Opportunity
For Sale
Contact for pricing
Pending

49 Spring Street Ossining, Ny, NY 10562

14-unit mixed-use development site in rapidly growing Ossining, NY.

Property SizeContact for details
Days on Market298

Property Features for 49 Spring Street Ossining

General Information

Standard status Pending
Property subtype Land
Listing Agency: NorthEast Private Client Group Shelton
Listed By: Karl Hasselrot · License #CT
Source: Crexi
Added: Oct 29, 2025 Changed: Aug 14 Last Checked: Aug 21 at 7:15AM

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 NorthEast Private Client Group Shelton

Investment Insights

Based on property information with market context.

The property at 49 Spring Street in Ossining, NY, presents a development opportunity for a 14-unit mixed-use project. The site was previously approved for 9 one-bedroom apartments, 3 two-bedroom apartments, and 2 commercial spaces, though updated approvals will be needed. Located in a rapidly growing market, Ossining is a Hudson River community approximately 45 minutes from Manhattan. The village is undergoing revitalization of its downtown area with new infrastructure, parks, and waterfront access, supported by a $10 million Downtown Revitalization Initiative. This transformation is driving demand for housing and mixed-use projects. Ossining offers transit connectivity and long-term growth potential, with state and county incentives, IDA tax abatements, and a pro-development local government.

Key Highlights

  • 14‑unit mixed‑use development site in Ossining, NY.
  • Previously approved for 9 one‑bedroom apartments, 3 two‑bedroom apartments, and 2 commercial spaces.
  • Located in a rapidly growing market 45 minutes from Manhattan.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Locksmith

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

35,176
Businesses Nearby

Demographics for 10562, NY

34,252
Population
12,745
Households
2.7
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
2,537
Density / Sq Mi
$113,069
Median Household Income
$53,499
Median Earnings
$2,118
Median Rent
$486,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 14-unit mixed-use development site in rapidly growing Ossining, NY.
Where is this commercial land located?
The property is located at 49 Spring Street Ossining Ny, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 14‑unit mixed‑use development site in Ossining, NY.; Previously approved for 9 one‑bedroom apartments, 3 two‑bedroom apartments, and 2 commercial spaces.; Located in a rapidly growing market 45 minutes from Manhattan.
More about this property
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