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$850,000 Sale Pending
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Property Description
Welcome to a spacious, well-maintained multi-level home offering a rare blend of legal configuration and flexibility. Ideal for extended family living, owner-occupants seeking rental income, or buyers looking for long-term versatility. The legal lower level features three bedrooms, a full bathroom, direct interior access, and a separate entrance. The main level offers three additional bedrooms, a full bathroom, an eat-in kitchen, and a comfortable living room. The second-floor apartment includes two bedrooms, an eat-in kitchen, and a full bathroom, with walk-up access to a large unfinished attic-perfect for storage or future potential. The home has been updated within the last five years and will be delivered with a clean Certificate of Occupancy. A deep driveway running the full depth of the property provides ample off-street parking and added convenience. A thoughtfully laid-out property with strong utility, legal flexibility, and long-term value.
Full Property Details
Full Property Details for 38 Terrace Ave
General
- Price: $850,000
- Taxes: $21,262
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 939881
- Updated: 2/9/2026
- Added to Site: 29 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, In-Law Floorplan
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Driveway
Location
- County: Westchester County
School Information
- High School District: Ossining
- Middle School: Anne M Dorner Middle School
- High School: Ossining High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Unfinished Attic: Yes
- Building Size: 2435
- Square Feet: 2,435
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $21,262.85
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: None
- Property ID: 4203-089-016-00000-000-0027-000-0-1
Listed by Gary Sanguino
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Schools
Schools serving 38 Terrace Ave
School District:Ossining Union Free School District
| Name | Grades | Distance |
|---|---|---|
Claremont School 2 Claremont Road, Ossining, NY 10562 | 3-5 | 0.3 mi |
Park School 22 Edward Street, Ossining, NY 10562 | PK-K | 1 mi |
Brookside School Pinesbridge Road, Ossining, NY 10562 | 1-2 | 1.6 mi |
Anne M Dorner Middle School Van Cortlandt Avenue, Ossining, NY 10562 | 6-8 | 0.3 mi |
Ossining High School 29 South Highland Avenue, Ossining, NY 10562 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38 Terrace Ave
Date
Details
Price
Change
Source
1/22/2026
Listed
$850,000
36%
MLS
3/07/2022
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 38 Terrace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$663,300
7%
2020
100%
$619,400
17%
2020
100%
$530,900
41%
2020
100%
$376,700
5%
2020
-100%
$357,700
2%
2020
$14,821
3%
$352,100
3%
2018
$14,427
40%
$342,000
-1%
2017
$10,280
-94%
$345,100
2%
2017
$163,254
910%
$338,400
1459%
2016
$16,156
1%
$21,710
—
2015
$16,054
5%
$21,710
—
2013
$15,288
—
$21,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 38 Terrace Ave
38 Terrace Avenue, Ossining, NY 10562 (MLS# 939881) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 38 Terrace Avenue is currently listed for $850,000 and was received on January 22, 2026. Want to learn more about 38 Terrace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ossining? You can browse all Ossining real estate or contact a Coldwell Banker agent to request more information.
