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36 N Water St
Ossining, NY 10562
5.14 AC Waterfront Development Site · Land For Sale
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5.14 AC
Investment Highlights
- Walking distance to Ossining Metro North Train Station
- Unobstructed view of Hudson River
- Adjacent to Crawbuckie Nature Preserve
Executive Summary
Previously approved for a 137-unit multifamily development, the site was designed as a 6-story residential building with structured parking and a high-end amenity package. While approvals have lapsed due to timing, the offering includes extensive architectural plans, engineering drawings, and completed SEQR documentation, providing a clear path for a developer to reposition and fast-track re-approvals.
The site is fully cleared and development-ready, with all utilities available in the street, and benefits from executed easements providing the legally required 30-foot access via North Water Street. Phase I and Phase II environmental studies have been completed with no remediation required, significantly reducing development risk and upfront uncertainty.
Located within walking distance to the Ossining Metro-North station, the property offers a direct commuter link to New York City, further enhancing its appeal as a luxury rental or condominium development. The zoning designation of PW-A (Planned Waterfront District) supports a range of residential uses and aligns with the Village’s long-term vision for waterfront revitalization.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 5.14 AC |
| Zoning | PW-A - Planned Waterfront (Northern Waterfront) | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.14 AC |
| Zoning | PW-A - Planned Waterfront (Northern Waterfront) |
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 5.14 AC |
| Price Per AC | $1,167,315.18 |
| Price | $6,000,000 |
| Price Per AC | $1,167,315.18 |
| Lot Size | 5.14 AC |
Rare ±5.14-acre Hudson River waterfront development site in Ossining, NY, previously approved for a 137-unit multifamily project. Site is cleared with all utilities in place, executed access easements, and completed environmental studies.
Description
Positioned along a rare stretch of the Hudson River waterfront, 36 N Water Street presents a premier opportunity to acquire a ±5.14-acre development site with direct waterfront exposure in the highly desirable Northern Westchester market. Offering unobstructed river views and immediate adjacency to the 26-acre Crawbuckie Nature Preserve, the property delivers a unique combination of natural beauty, privacy, and transit-oriented accessibility. Previously approved for a 137-unit multifamily development, the site was designed as a 6-story residential building with structured parking and a high-end amenity package. While approvals have lapsed due to timing, the offering includes extensive architectural plans, engineering drawings, and completed SEQR documentation, providing a clear path for a developer to reposition and fast-track re-approvals. The site is fully cleared and development-ready, with all utilities available in the street, and benefits from executed easements providing the legally required 30-foot access via North Water Street. Phase I and Phase II environmental studies have been completed with no remediation required, significantly reducing development risk and upfront uncertainty. Located within walking distance to the Ossining Metro-North station, the property offers a direct commuter link to New York City, further enhancing its appeal as a luxury rental or condominium development. The zoning designation of PW-A (Planned Waterfront District) supports a range of residential uses and aligns with the Village’s long-term vision for waterfront revitalization. Site has been cleared of all structures. All utilities available in street. Private road with executed easements for full 30' legally required access for new development. Phase I and Phase II surveys completed; no remediation required. Extensive architectural and engineering drawings and plans for the previously approved 137 unit residential development (103 2-br + 34 1-br units) may be transferred as part of any transaction.
Property Taxes
| Parcel Number | 4203-089-014-00000-000-0011-000-0-1 | Improvements Assessment | $0 |
| Land Assessment | $1,996,500 | Total Assessment | $1,996,500 |
Property Taxes
