855.375.4001
Listing Courtesy of: Hamid Moghadam - Ellis Realty Commercial 845-353-4254
$3,450,000 affordable loan icon Calculate Payment

505 Piermont Ave Piermont, NY 10968

Down payment assistance icon
Mixed Use Residence
Beds
Baths
... Bed/Bath
5,093 Sq. Ft.

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 1/19/2025 10:55 AM
Prime Investment, Development Opportunity in the Heart of Piermont. This exceptional property offers an unparalleled chance to create a thriving mixed-use development in one of the Hudson Valley's most coveted locations. With zoning approvals, and a lot area of 14,000sqft, one can envision a stunnin...g three-story building featuring apartments with Hudson River views and ground floor retail spaces, catering to Piermont's vibrant community and visitors. The future residents and tenants will enjoy a premier location, steps from renowned fine dining, art galleries, and the scenic Hudson River boardwalk. 505 Piermont is just 10 minutes from the Tappan Zee Bridge and offers convenient access to New York City via nearby bus routes, with bus stop located in front of the property. The property provides unmatched development prospects, offering investors and developers a rare opportunity to shape the future of Piermont's Main Street. Adding to its value is a 7,000sqft restaurant with immediate income potential while finalizing development plans with Orangetown and Piermont Village Hall. Restaurant business is not included with building purchase but may be available as an option to purchase. Don't miss your chance to transform this prime location into a landmark destination! "WHY PIERMONT" - Piermont is more than a town - it's a destination: Exclusive & Desirable: recognized by the NYT as one of the "best places to live in NY." Piermont real estate values have surged outperforming every other location in Rockland County. Proximity to NYC & NJ: Piermont attracts affluent visitors and residents from NYC and NJ, drawn to its waterfront charm, boutique shops, fine dining and serene yet accessible lifestyle. Demand for Housing: there is a significant shortage of apartment rentals in Piermont and this property's central location offers unparalleled appeal for residents seeking upscale, convenient living. Unparalleled Location: this property is in the heart of Piermont-on-Hudson, just steps from the Hudson River and the bustling downtown area. The town's unique blend of natural beauty and vibrant community makes it a magnet for professionals, families and retirees alike. The Opportunity: for the right investor, 505 Piermont Ave. presents a once-in-a-lifetime chance to capitalize on Piermont's unique charm and strong market demand. Whether leveraging the existing restaurant’s rental income or pursuing a high-end residential development, the possibilities are immense. Continue reading
MLS#
810323
Property Type
Mixed Use
Square Feet
5,093 sq. ft
Lot Size
0.27
Sewer
Public Sewer

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

Enter your work address to view actual drive times with traffic for this property.

 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®
scales icon

How much home can I afford?

Kickstart your home search journey with our online Pre-Approval.

Get Started
megaphone icon

See How Much You Could Save

Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.

Let's Talk
Listing Courtesy of: Hamid Moghadam - Ellis Realty Commercial 845-353-4254
Andrea D. Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listings courtesy of One Key MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2025, OneKey MLS, Inc. All Rights Reserved.
This content last refreshed on 1/19/2025 10:55 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
save icon Save
save icon Save
share icon Share
checkmark icon Get Pre-Approved