Investment opportunity is in a solid stucco multifamily apartment building in Historic Sleepy Hollow, Zoned C1 (commercial , MF residential, retail, mixed use) walking distance to villages of Sleepy Hollow and Tarrytown, walk to to train station (37 min to Grand Central), Old Croton Aqueduct Trail, Philipse Manor Restoration, Rockefeller Estate and Hudson River. Building has new oil heating system (1998), new roof (2010), thermal windows (1995). Five new refrigerators were installed in 2019. All twelve 1-BR apartments are each about 675 sq.ft. and have high ceilings, hardwood floors, lots of light and closet space. Views of Hudson River, and TZ Bridge are seen from top floors. . Investors are spending about $1 billion to transform the former GM 100 acre parcel in Sleepy Hollow into on19e of Westchester's finest multi-use waterfront neighborhoods. Apartments rent very quickly in Sleepy Hollow so the vacancy factor is low.
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