38 Terrace Avenue Ossining, NY $ 850,000
38 Terrace Avenue
$ 850,000
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38 Terrace Avenue

Ossining, NY, 10562
$ 850,000
Bedrooms8 Baths3.0 Sq 2,435

Monthly Estimate*

$ 5,234

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Multi-Family Home for sale in Ossining, NY

for $850,000 with 8 bedrooms and 3 full baths. This 2,435 square foot home was built in 1870 on a lot size of 0.18.

Welcome to a spacious, well-maintained multi-level home offering a rare blend of legal configuration and flexibility. Ideal for extended family living, owner-occupants seeking rental income, or buyers looking for long-term versatility. The legal lower level features three bedrooms, a full bathroom, direct interior access, and a separate entrance. The main level offers three additional bedrooms, a full bathroom, an eat-in kitchen, and a comfortable living room. The second-floor apartment includes two bedrooms, an eat-in kitchen, and a full bathroom, with walk-up access to a large unfinished attic—perfect for storage or future potential. The home has been updated within the last five years and will be delivered with a clean Certificate of Occupancy. A deep driveway running the full depth of the property provides ample off-street parking and added convenience. A thoughtfully laid-out property with strong utility, legal flexibility, and long-term value.

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Multi-Family Active

Price

$ 850,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 21,262

Style

Duplex

Lot Size

0.18

Year Built

1870

Town/City

Ossining

County/Region

Westchester

MLS | Web ID

939881

Features
Interior
Interior Amenities Eat-in Kitchen In-Law Floorplan
Basement Finished Full Walk-Out Access
Basement Features Finished Full Walk-Out Access
Basement (Y/N) Y
Total Bedrooms 8
Total Baths 3
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General
Sewer Public Sewer
Heating Oil
Cooling None
Utilities Electricity Available
Construction Materials Frame
Year Built 1870
Tenant Pays All Utilities
Property Subtype Duplex
Tax Year 2025
Parcel Number 4203-089-016-00000-000-0027-000-0-1
Gross Income 102000
County Westchester County
Operating Expense 27276
Insurance Expense 2500
Property Type Residential Income
Garage Y/N N
Full Baths 3
High School Ossining High School
City Ossining
Disclosures M6 Disclosure of Ownership Interest Seller Property Disclosure
Senior Community Y/N N
High School District Ossining
Number Of Units Total 2
Carport Y/N N
Property Attached Y/N N
Tax Annual Amount 21262.85
Showing Instructions Go and show. Schedule via ShowingTime. Lockbox at basement entrance (rear). Basement vacant. 1st floor occupied—small dog inside; do not let out. 2nd floor occupied—knock first; if no answer use key.
Fuel Expense 2520
Middle/Junior High School Anne M Dorner Middle School
Property Condition Updated/Remodeled
Virtual Tour https://tours.hometourvision.com/x2753697 https://tours.hometourvision.com/38-Terrace-Ave
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Ossining
Elementary School District Ossining
Tax Assessed Value 663300
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Exterior
Parking Features Driveway Driveway
Water Source Public
Building Area Total 2435
Waterfront Y/N N
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Internal Only
Street Number 1 38
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* Excluded Features
List By
Gary Sanguino

Listing Agent

Gary Sanguino

Broker

gary@casacerrada.com

Email

Affordability Calculator

$7,005
Per Month
75%
25%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$1,772
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099102 Elementary School
4100185 Middle School
Ossining High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$850,000 Listed Price

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38 Terrace Avenue, Ossining, NY, 10562 is a Multi-Family Home for sale at $850,000 with 2,435 sqft and a lot size of 0.18. 38 Terrace Avenue has 8 bedrooms, 3.0 baths, and was built in 1870. The property's zip code is 10562 which is in Ossining, NY