$699,000
( $151.14Per Sq Foot )
 $3,752 est/mo Sourced by Back At You

1 Oscawana Lake Road,Putnam Valley, NY 10579

Putnam Valley, NY 10579

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Description

Prime Mixed-Use Investment Opportunity in the Heart of Putnam Valley Located at 1 Oscawana Lake Road, Putnam Valley, NY 10579, this highly visible mixed-use property offers a rare opportunity to own a cornerstone investment in one of Putnam Valley’s most walkable and sought-after locations. The property features a ground-level commercial restaurant with two separate residential units, providing multiple income streams and flexible use potential. Commercial Restaurant Space: 1,548 ± sq. ft., ideally situated at street level with excellent exposure and foot traffic Apartment #1: 1,248 ± sq. ft., located above the commercial space, ideal for owner occupancy or rental income Apartment #2: 581 ± sq. ft., a detached accessory building (cottage), offering privacy and additional rental appeal Set in the heart of Putnam Valley, the property enjoys strong walkability to nearby shops, services, and community amenities. Adding significant future value, a new public municipal parking lot is planned for construction at the former Sheriff’s Office site, greatly enhancing convenience for patrons and tenants. This property is well-suited for investors, owner-operators, or those seeking a mixed-use asset with long-term upside in a prime location. Don’t miss the opportunity to own this exceptional investment property in Putnam Valley.

Details

MLS #944485
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1946
Days On Site234
Listing Provided ByLena Family Realty LLC | Brandon Trager

Features

SQ Feet4,625
BasementY
Story(s)2
Units2
Building(s)2
Acreage0.24
Water FrontYes

Interior

CoolingCentral Air
HeatingHot Water

Exterior

Construction MaterialsShingle Siding
Foundation DetailsStone
Lot FeaturesCorner Lot

Parking

Parking FeaturesOn Street, Private, Open

Utilities

UtilitiesNatural Gas Available, Natural Gas Connected
Electric200+ Amp Service
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value463100
Tax Annual Amount13116.82
Tax Lot4

Area Information

StateNY
CountyPutnam County
CityPutnam Valley
Zip Code10579
Listing VS Median (in 10579)
Price:
$699,000
low | high
Med:
$624,000
60.729613733906% of Average
sqft:
4,625
low | high
Med:
2,090
100% of Average
$ / sqft:
$151
low | high
Med:
$301
49.413199364506% of Average
On site:
234
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 10579

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyPutnam County
CityPutnam Valley
Zip Code10579
Listing VS Median (in 10579)
Price:
$699,000
low | high
Med:
$624,000
60.729613733906% of Average
sqft:
4,625
low | high
Med:
2,090
100% of Average
$ / sqft:
$151
low | high
Med:
$301
49.413199364506% of Average
On site:
234
low | high
Med:
28
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $524K - $873K
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
4 Oscawana Lake Road Property Photo 1
$250,000
4 Oscawana Lake Road
Putnam Valley, NY 10579
Listing Updated: July 9, 2026 at 3:24:41 PM PDT
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