Nest Seekers

A Once in a Lifetime Investment Opportunity in Croton on Hudson !

41 & 43 Riverside Avenue
Cortlandt, NY 10520

Listing

Web ID:5806663
Website:https://www.nestseekers.com/5806663

Property

Ownership: For Sale
Type: mixed-use
Lot Size: 0.1 Acres

Financials

Price:$3,500,000
Annual Taxes:$22,174.63

Description

A Once-in-a-Lifetime Investment Opportunity in Croton-on-Hudson! A rare opportunity to own the iconic, nostalgic, and beloved Tavern at Croton Landing Restaurant! This exceptional investment property offers a unique combination of an established, turnkey restaurant, two buildings, four two-bedroom rental apartments, and additional commercial space currently being used as a private party room. Located in the heart of the Village of Croton-on-Hudson, this local staple presents an incredible opportunity for an entrepreneur, restaurateur, or savvy investor to build upon an established business, explore the potential for an additional restaurant or retail venture, and generate income from four residential rental units. Throughout Westchester County and beyond, the Tavern is known for its great food, welcoming atmosphere, and loyal following. Famous for its pizza, burgers, wings, and mouthwatering lobster rolls, the Tavern is more than just a restaurant—it’s a local tradition built around great food, great people, and great times! The restaurant offers an impressive variety of indoor and outdoor dining and entertaining spaces, including indoor seating for 55, front outdoor dining for 18, an expansive backyard patio accommodating 80 guests, and a private party room with seating for an additional 55. Whether serving daily diners, hosting private celebrations, or expanding business opportunities, the property offers tremendous versatility and potential. The current owners, who have owned the property since 2019, are ready to transition toward semi-retirement after making significant enhancements to the space. Improvements include an inviting backyard patio oasis and the conversion of a former retail area into a beautifully appointed private party room, adding both charm and versatility to the property. These enhancements provide the next owner with an excellent foundation to continue growing the business and maximizing the property's potential. The two buildings each feature two rental apartments, totaling four two-bedroom, one-bathroom units and offering an additional source of income. The bonus commercial space provides even more flexibility, with opportunities to continue its current use as a private event venue or explore other restaurant, retail, or business concepts. Additional highlights include municipal water, municipal sewer, and natural gas, adding to the property's appeal and convenience. Even better, seller financing is available! This exciting opportunity may offer a unique path for a qualified buyer to acquire a distinctive, multi-income-producing property in a sought-after Westchester County community. Properties offering this combination of a well-established restaurant, residential rental income, additional commercial space, and expansion potential are truly special. Bring your vision, build on a local legacy, and unlock the possibilities! Don't miss your chance to own the iconic Tavern at Croton Landing. Schedule your private tour today before this extraordinary opportunity is gone!

Amenities

  • Awnings
  • Back Yard
  • Bathrooms
  • Built-in Features
  • Ceiling Fan(s)
  • Dishwasher
  • Electricity Connected
  • Exhaust Fan
  • Freezer
  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • High Speed Internet
  • Ice Maker
  • Level
  • Mailbox
  • Microwave
  • Natural Gas Connected
  • Near Golf Course
  • Near Public Transit
  • Oven
  • Phone Connected
  • Refrigerator
  • Security System
  • Sewer Connected
  • Signage Included
  • Storage
  • Trash Collection Public
  • Video Cameras
  • Views
  • Water Connected
  • Own a piece of Croton’s history! The iconic Tavern at Croton Landing Restaurant and property could be yours today.
  • This turnkey property offers an exceptional investment opportunity, featuring two buildings, each with two-bedroom rental apartments, an established r
  • Enjoy a bird’s-eye view of this incredible property, ideally situated just a short stroll from the beautiful riverfront! Conveniently located near Sen
  • If you know Croton, you know that walking into the Tavern means one thing: great food, great people, and unforgettable times! A beloved local staple,
  • Looking for an exceptional investment opportunity? Your search ends here! Step through the door and discover the incredible potential of this iconic C
  • The Tavern Restaurant offers a variety of inviting dining spaces, including charming front patio seating, a welcoming indoor dining area, and an incre
  • This well-established, beloved local restaurant offers an impressive variety of dining and entertaining spaces, including indoor seating for 55 guests
  • Stop by, grab a seat, and experience the Tavern for yourself! Discover firsthand what makes this beloved local landmark so special and why this except
  • Some know it as Honey’s, others call it the Tavern, but everyone knows it as a local favorite for the best pizza, juicy burgers, flavorful wings, and
  • WritingAnother inviting view of the Tavern’s indoor dining area, where great food, warm hospitality, and a welcoming atmosphere have brought the commu
  • The Tavern boasts a fantastic bar with plenty of beers on tap and a lively, welcoming atmosphere that keeps people coming back! Whether you’re meeting
  • The perfect spot to unwind with a refreshing drink and enjoy some delicious food! The Tavern’s inviting bar area offers a relaxed, welcoming atmospher
  • The Tavern’s well-appointed bar offers convenient access to the spacious back patio, making it easy to serve food and drinks to outdoor diners. This t
  • Let the great times begin!
  • Own the restaurant, the bar, and enjoy the added benefit of rental income! This exceptional investment opportunity combines an established local favor
  • The expansive outdoor patio offers the perfect setting for private parties, special celebrations, and events, while also providing valuable additional
  • Aerial view of the expansive rear patio.
  • The building at 43 North Riverside Avenue offers outstanding versatility and income potential! The property features a storefront currently utilized a
  • Another view of 43 North Riverside Avenue showcases the building’s convenient layout, featuring a private front entrance for the residential apartment
  • This versatile storefront is currently utilized as a private event space, offering an excellent setting for parties, celebrations, and special gatheri
  • Could this be the home of Westchester County’s next great steakhouse? The possibilities are endless! Transform this versatile commercial space into a
  • An exceptional investment opportunity awaits! This versatile commercial space offers endless possibilities for a new restaurant, boutique retail shop,
  • The covered patio offers a versatile outdoor space with convenient access to both the restaurant and private party room. Perfect for entertaining, hos
  • Powder Room
  • Powder room with easy access from the patio.
  • The sky’s the limit with this incredible investment opportunity! With an established restaurant, multiple rental apartments, and versatile commercial
  • Welcome to the business opportunity you’ve been dreaming of! This exceptional property offers a rare combination of an established restaurant, rental

Contact

Bridgehampton, NY
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Phone: +1 631-353-3427
Fax: +1 631-614-7858
hamptonsinfo@nestseekers.com
Listing Courtesy of Coldwell Banker Realty
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