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For SaleMixed UseMLS KEY1022808

179 Lindsey Avenue

Cortlandt, NY · Westchester County
Listed by
BHHS River Towns Real Estate
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
10,000 SF
Site
0.35 acres
Price / SF
$125
Year built
1940
Zoning
C1/C2
Stories
2

The offering

Redevelopment Opportunity. 179 Lindsey Avenue presents an investment and redevelopment opportunity in the Village of Buchanan, NY. This approximately 10,000-square-foot property is ideally positioned for investors, /developers, seeking a well-located asset with strong value-add potential. Conveniently situated near Route 9 and Metro-North rail service, the property offers excellent accessibility for both commercial and residential tenants, making it an attractive opportunity in the growing Hudson Valley market.

Located within the C-1/C-2 Overlay District, which allows retail on the 1st floor and residential on the upper levels, the existing structure features 10-foot ceiling heights, three loading doors, six on-site parking spaces, and connected municipal water, sewer, and electric services.

Additionally, the site may offer the potential to construct a third story, subject to municipal approvals, providing investors with the ability to further increase income and long-term value. With its strategic location, flexible zoning, existing infrastructure, and redevelopment potential, 179 Lindsey Avenue represents a unique opportunity to acquire and transform a versatile commercial asset in one of Northern Westchester's most desirable and accessible markets.

Building & site

Interest conveyedFee simple
Gross building area10,000 SF
Building typeMixed Use
Property typeMixed Use
Year built1940
Stories2
Land area0.35 acres
Land area, SF15,428 SF
WaterPublic
SewerPublic Sewer
HeatBaseboard, Forced Air, Oil
Tax parcel55220143.16-2-38
Clear height10 ft
Drive-in / grade-level doors3
Usable area200 SF
Number of buildings1
Parking spaces6
Electric utilityCon-Edison

Zoning & permitted uses

District
C1/C2

Permitted uses are governed by the Cortlandt zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$32,861
Assessed value$14,600
Land assessment$1,300
Full market value$1,237,288
Owner of recordF AND A REALTY INC
School districtHendrick Hudson
Property class440
Estimated annual tax, 2023 roll
County and town$5,605
School, Hendrick Hudson$14,323
Special districts$10,509
Estimated total$30,437

The estimate is the assessed value at the current county, town, school and village rates. Not a bill: exemptions, and any change to the assessment or the rates, move it.

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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