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Lakefront Mixed-Use Investment Opportunity

649 Jersey Ave, Greenwood Lake, NY 10925

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For Sale

$1,400,000

Waterfront property with restaurant space and five residential units.

Type:Commercial

HighLights

Lakefront property on Greenwood Lake with commercial and residential income potential.
Five income‑producing residential units (one 2‑bedroom, four 1‑bedroom).
Commercial kitchen and restaurant space, a value‑add opportunity.
Private beach area and multiple dock spaces for additional income.
Zoned for commercial mixed‑use, allowing for diverse business opportunities.
Located in a high‑demand lakefront setting.

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Listing Contact

Emily Post

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For Sale

$1,400,000

Waterfront property with restaurant space and five residential units.

Type:Commercial

Added:: Apr 28, 2026
Days on Market:: 48
Last Refresh:: Apr 28 at 3:11 am

Property Features for 649 Jersey Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1950

We can help!

Listing Contact

Emily Post

Listing agent Emily Post

Listing office KELLER WILLIAMS RLTY INTEGRITY

Listing date Apr 28, 2026

Source Elliman

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 KELLER WILLIAMS RLTY INTEGRITY

HighLights

Lakefront property on Greenwood Lake with commercial and residential income potential.
Five income‑producing residential units (one 2‑bedroom, four 1‑bedroom).
Commercial kitchen and restaurant space, a value‑add opportunity.
Private beach area and multiple dock spaces for additional income.
Zoned for commercial mixed‑use, allowing for diverse business opportunities.
Located in a high‑demand lakefront setting.

Overview

This lakefront mixed-use property on Greenwood Lake presents an investment opportunity with a commercial kitchen and restaurant space, along with five income-producing residential units. Located directly on the water, the property includes a private beach area and multiple dock spaces. The restaurant is currently vacant, offering a value-add opportunity for an owner-operator or investor. The residential component includes one 2-bedroom, 1-bath apartment and four 1-bedroom, 1-bath apartments. Zoned for commercial mixed-use, the property allows for restaurants, retail, hospitality concepts, marinas, and recreational or visitor-focused businesses, with the option to maintain or expand the existing residential use. The restaurant last fully operated in 2024. The property has a bike score of 48, indicating it is somewhat bikeable, and a walk score of 68, indicating it is somewhat walkable.

Location Intelligence

Current Use by Public Records

ATM Machine at The Helm Atm The Helm Restaurant

Suggested Use

Location Insight

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Local Demand

City: Greenwood Lake
County: Orange
State: New York
Longitude: -74.3026421
Latitude: 41.2211663

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What type of property is this?

Mixed-use property - Waterfront property with restaurant space and five residential units.

Where is this mixed-use property located?

The property is located at 649 Jersey Ave Greenwood Lake, NY.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Lakefront property on Greenwood Lake with commercial and residential income potential.; Five income‑producing residential units (one 2‑bedroom, four 1‑bedroom).; Commercial kitchen and restaurant space, a value‑add opportunity.