49 Spring Street

Located in Westchester County, approximately 30 miles north of Manhattan, Ossining, NY is a historic Hudson River village experiencing a strong period of revitalization and reinvestment. Blending riverfront access, transit connectivity, and architectural heritage, Ossining is emerging as one of the most dynamic small communities along New York’s Hudson Valley corridor. Ossining offers excellent regional and commuter access. The Metro-North Hudson Line provides express train service to Grand Central Terminal in about 45 minutes, positioning Ossining as an attractive location for residents commuting to New York City. Major roadways, including U.S. Route 9, Route 133, and Route 134, connect the village to key employment centers such as White Plains, Yonkers, and Tarrytown, as well as the Governor Mario M. Cuomo Bridge (Tappan Zee) for access to Rockland County and New Jersey. Ossining’s downtown core is undergoing a transformational revitalization, supported by a $10 million Downtown Revitalization Initiative (DRI) grant awarded by New York State. The DRI is funding a series of major public and private improvement projects designed to: • Enhance walkability and connectivity between the waterfront, Main Street, and the train station • Create new public plazas and gathering spaces • Support historic building preservation and adaptive reuse • Expand arts, culture, and community facilities • Improve streetscapes, green infrastructure, and multimodal transportation This coordinated investment is expected to stimulate additional private development, retail activity, and residential demand, reinforcing Ossining’s position as a growing hub for mixed-use, transit-oriented living. Downtown Ossining features a vibrant historic district with 19th-century architecture, independent restaurants, and local retail. The community is bordered by the Hudson River waterfront, home to Louis Engel Park, Henry Gourdine Park, and the Sing Sing Kill Greenway, offering residents riverfront recreation and year-round events. The village’s diversity, creative community, and access to nature make it highly appealing to young professionals, families, and active retirees seeking a balance between urban convenience and small-town charm.Northeast Private Client Group is pleased to present 49 Spring Street, a 14-unit mixed-use development site located in Ossining, NY. The site was previously approved for 9 one-bedroom apartments, 3 two-bedroom apartments, and 2 commercial spaces. Updated approvals will be needed. This offering represents a premier opportunity to acquire a project in a rapidly growing market. Ossining, NY offers a rare opportunity for developers to invest in a rapidly revitalizing Hudson River community just 45 minutes from Manhattan. Backed by a $10 million Downtown Revitalization Initiative, the village is transforming its downtown with new infrastructure, parks, and waterfront access, driving strong demand for housing and mixed-use projects. With state and county incentives, IDA tax abatements, and a pro-development local government, Ossining combines historic charm, transit connectivity, and long-term growth potential—making it one of Westchester County’s most promising investment locations.