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$699,000
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Property 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.
Full Property Details
Full Property Details for 1 Oscawana Lake Rd
General
- Price: $699,000
- Taxes: $13,116
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 944485
- Updated: 12/31/2025
- Added to Site: 72 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Residential, Restaurant
Interior
- Flooring: Hardwood
Parking
- Parking Features: On Street, Private, Open
Location
- County: Putnam County
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Hot Water
- Heating Zones: 2
Utilities
- Electric Available: Yes
- Sewer: Public Sewer
- Water: Shared Well
- Utility Description: Natural Gas Available, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Shingle Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Ceiling Height: 9
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 4625
- Square Feet: 4,625
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Frontage: County Road
- Road Maintenance: Public Maintained Road
- Lot Features: Corner Lot
Water Features
- Water Front View: River Access, River Front
Financial Considerations
- Tax Amount: $13,116.82
Disclosures and Reports
- Special Conditions: None
- Property ID: 372800-091-027-0001-004-000-0000
- Block: 1
- Lot Number: 4
Listed by Lena Family Realty LLC
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Schools
Schools serving 1 Oscawana Lake Rd
School District:Putnam Valley Central School District
| Name | Grades | Distance |
|---|---|---|
Putnam Valley Middle School 142 Peekskill Hollow Road, Putnam Valley, NY 10579 | 5-8 | 0.9 mi |
Putnam Valley Elementary School 171 Oscawana Lake Road, Putnam Valley, NY 10579 | PK-4 | 1.5 mi |
Putnam Valley High School 146 Peekskill Hollow Road, Putnam Valley, NY 10579 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Oscawana Lake Rd
Date
Details
Price
Change
Source
12/31/2025
Listed
$699,000
92.83%
MLS
12/08/2009
Sold
$362,500
—
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 1 Oscawana Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,793
100%
$463,100
4%
2020
100%
$445,300
12%
2021
-100%
$397,600
4%
2021
$3,701
—
$382,300
1%
2021
$3,701
-72%
$378,600
3%
2020
$13,382
2%
$367,600
2%
2018
$13,103
3%
$360,400
4%
2017
$12,685
—
$346,400
—
2016
$12,741
—
$346,400
1%
2015
$12,777
—
$343,000
—
2015
$12,826
5%
$343,000
-2%
2013
$12,237
—
$350,000
—
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 1 Oscawana Lake Rd
1 Oscawana Lake Road, Putnam Valley, NY 10579 (MLS# 944485) is a Commercial property. 1 Oscawana Lake Road is currently listed for $699,000 and was received on December 31, 2025. Want to learn more about 1 Oscawana Lake Road? Do you have questions about finding other Commercial real estate for sale in Putnam Valley? You can browse all Putnam Valley real estate or contact a Coldwell Banker agent to request more information.
