34 State St, Ossining, NY 10562

This exceptional development opportunity presents a fully entitled and permitted residential project in desirable Ossining, NY. Situated on a 6-acre site (258,311 sq ft) with breathtaking water views, this property offers 319,000 buildable square feet, approved for 189 residential units and a parking structure. The site boasts a prime location, just steps from the charming downtown Ossining, a designated New York State Cultural Heritage Site. Enjoy proximity to the Westerly Marina, Shattermuc Yacht Club, and Ossining Boat and Canoe Club, along with convenient access to the Ossining Train Station (approximately 45 minutes to Grand Central Terminal) and major roadways including Route 9, Routes 100, 117, 133, and 9A (Albany Post Road). Over $3 million in pre-construction costs have already been invested. The property includes Block/Lot 97.07-2-17, 19, 21, and 68, with lot dimensions of 412' x 365'. The existing structure encompasses 7,500 square feet. The zoning is PW-c, with a FAR of 1.23 per plans. The 2023 real estate taxes totaled $298,243. This is a rare chance to capitalize on a fully permitted project in a highly sought-after waterfront location. Asking price: $10,950,000.