Property Description

Attention Builders, Contractors & Visionary Investors! Seize the opportunity to transform this exceptional commercial property, comprised of four spacious residential apartments and first-floor attached garages, thoughtfully priced below market value to unlock immediate upside and significant redevelopment potential. Located within the Downtown Transit District, this property sits in a (TOD) zoning designation, designed to support mixed-use vitality and long-term growth, a compelling advantage for developers seeking both appreciation and income generation. With limited inventory and strong commuter appeal, demand for well-positioned housing in this village remains consistently robust. This is a true value-add opportunity, ideal for a complete rehabilitation or a strategic tear-down and redevelopment. Bring your vision and transform this property into a true money-maker. For the seasoned investor or ambitious developer, this is more than a project, it's a chance to create a high-performing asset in one of Westchester's most desirable communities. Perfectly positioned within walking distance to the vibrant Hudson River village, the Dobbs Ferry Metro-North Station (just a 35-minute commute to New York City), the scenic Old Croton Aqueduct Trail, and the highly regarded Waterfront Park. Dobbs Ferry offers top-rated schools, refined dining along Cedar and Main Streets, and a vibrant community known for its farmers market, summer concerts, and year-round cultural events. Demand for housing in this walkable, commuter-friendly village remains consistently strong, making this an investment positioned for both appreciation and income potential. Invest in location. Invest in lifestyle. Invest in opportunity. Now is your chance to own in one of Westchester's most sought-after river towns, and make it your own.

Property Features

Local Schools