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1 Oscawana Lake Road

Putnam Valley, NY 10579 · Putnam County

Status
Active
On site
260 days

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About this home

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.

Listed with Lena Family Realty LLC · Brandon Trager · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 3:09 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$4,736.17Total / mo

Estimated Monthly Payment

Principal & interest
$3,443.09 (72.7%)
Taxes
$1,093.08 (23.1%)
Insurance
$200.00 (4.2%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Putnam Valley, NY

Current Listings

New in the last 30 days

9

Sep 2026

Average Price

Active listings

$898,625

Sep 2026

Average Days on Market

Active listings

96 days

Sep 2026

Computed from 55 active OneKey MLS listings in Putnam Valley, NY.

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