$999,000
3 Bed • 3.5 Bath • 4,152 Sq. Ft.
161 Crane Road
Carmel, NY 10512
Listed with Giner Real Estate Inc.
$1,325,000
Est. $7,872/moCold Spring, NY 10516 · Putnam County
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Exceptional 3-Unit Investment Property in the Heart of Cold Spring Rare opportunity to own a well-maintained three-unit residential rental property on a side street in the charming Village of Cold Spring. This income-producing building features three spacious two-bedroom apartments, each with separate electric meters, electric heat, and electric hot water—offering convenience and simplified management. Each apartment includes a generous eat-in kitchen, comfortable living room, and in-unit washer/dryers. The top-floor unit also features a dishwasher. The property is currently fully furnished and may be acquired furnished or unfurnished, creating flexible rental options for owners or tenants. Additional value-and opportunities include a large attic with approximately 7-foot ceilings—ideal for storage, studio, or office use—as well as a full basement for additional storage needs. Residents enjoy an unbeatable location close to Cold Spring’s celebrated shops, restaurants, hiking trails, and convenient access to the Metro-North Railroad for an easy commute to New York City. Apartment Highlights First Floor: Tranquil and cozy layout featuring a spacious primary bedroom, inviting eat-in kitchen, and a front porch perfect for morning coffee or evening relaxation. Second Floor: Unique New Orleans-style outdoor veranda, a rare in Cold Spring, plus abundant natural light, spacious eat-in kitchen, and peaceful bedrooms. Third Floor: Perched high above the village, this airy apartment feels private and serene with sunny interiors and charming peek-a-boo views of the Hudson River. A distinctive multi-family property in one of the Hudson Valley’s most desirable river towns. Ideal for investors, owner-occupants, or those seeking a flexible live/work opportunity.
As reported by the listing office; verify enrollment with the district.
Listed with Houlihan Lawrence Inc. · William R. Pugh · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 4:09 PM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
5
Sep 2026
Average Price
Active listings
$713,141
Sep 2026
Average Days on Market
Active listings
108 days
Sep 2026
Computed from 32 active OneKey MLS listings in Cold Spring, NY.
$999,000
3 Bed • 3.5 Bath • 4,152 Sq. Ft.
161 Crane Road
Carmel, NY 10512
Listed with Giner Real Estate Inc.
$1,600,000
0.56 Acres
6-8 Hoyt Street
Brewster, NY 10509
Listed with Compass Greater NY, LLC
$1,400,000
0.45 Acres
174-176 Myrtle Avenue
Mahopac, NY 10512
Listed with Compass Greater NY, LLC