2.6-acre non-conforming commercial property located within an R-1 single-family residential zone (1-acre lot size), offering exceptional investment and development potential. The property currently includes a dog boarding kennel building with outdoor dog runs, two residential cottages, and a machine shop/garage - providing multiple income opportunities. Ideal as a rental investment, the existing structures can be leased for immediate cash flow while preserving future development possibilities. With zoning that may support the creation of two single-family residential homes, this property offers flexibility for investors, developers, or owner-users seeking long-term upside. The cottages offer additional value-add potential and can be significantly enhanced with modest improvements.

Property Details of 501 Lake Street

Property Details

Interior Features

Community

Map Location

Listed by Harborview Properties / Frank Pagnani (914-834-8200)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 20, 2026 11:22 AM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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