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. © 2025 OneKey™ MLS, LLC