38 Terrace Ave

Ossining, NY 10562

$850,000
Price
8
Beds
2,435 Sq. Ft.
$349 / Sq. Ft.
2,435
Sq. Ft.
$349
per Sq. Ft.
2nd Fl Unit- Kitchen
2nd Fl Unit- Kitchen
1st Fl Unit- Living Room
1st Fl Unit- Living Room
1st Fl Unit- Kitchen
1st Fl Unit- Kitchen
Lower Level- bathroom
Lower Level- bathroom
Lower Level- Hallway
Lower Level- Bedroom
View of driveway and backyard
Floor plan- Lower Level
Floor Plan- 1st floor unit
Floor Plan- 2nd floor unit

Description

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...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.
  1. Listed by Gary Sanguino • Gary Sanguino
    P: (914)-565-4493 C: (914)-315-4053 gary@casacerrada.com

Property Details for 38 Terrace Avenue

City/Township
Ossining
Waterfront
No
LISTING UPDATED: 01/23/2026 05:03 AM

Property Details for 38 Terrace Avenue

StatusActive
MLS #939881
Days on Market2
Taxes$21,263 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeDuplex
Year Built1870
Lot Size0.18 AC / 7,841 SF
CountyWestchester County

Location

Listing Courtesy of Gary Sanguino
Add your commute

Building Information for 38 Terrace Avenue

Stories-Residences2Year Built1870Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$5,915 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,143

Property Taxes

$1,772

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38 Terrace Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: false
  • Property Condition: Updated/Remodeled
  • State Or Province: NY
  • Water Access YN: No
School Information
  • School District: Ossining
  • Elementary School District: Ossining
  • Middle Or Junior School District: Ossining
  • Middle Or Junior School: Anne M Dorner Middle School
  • High School District: Ossining
  • High School: Ossining High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 2
Unit 2 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 1
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 4203-089-016-00000-000-0027-000-0-1
  • Tax Assessed Value: $663,300.00
  • Included In Taxes: Sewer,Trash
  • Tenant Pays: All Utilities
Income & Expenses Information
Income & Expenses Information
  • Gross Income: $102,000.00
  • Fuel Expense: $2,520.00
  • Operating Expense: $27,276.00
Interior and Exterior Features
Interior Features
  • Amenities: Eat in Kitchen, In-Law Floorplan, Public
  • Interior Features: Eat-in Kitchen, In-Law Floorplan
  • Basement: Finished, Full, Walk-Out Access
  • Attic Description: Unfinished,Walkup
  • Location Amenities: Walk Out Basement, Eat in Kitchen
  • Basement: Yes
Exterior Features
  • Exterior Property Features: Driveway
  • Elevation Certificate: No
  • Construction Materials: Frame
  • Pool Private: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: Driveway
  • Garage: No
  • Carport: No
Utilities
  • Cooling: None
  • Heating: Oil
  • Heat Fuel Type: Oil
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available
  • Number Of Separate Electric Meters: 3
Green Features
  • Green Features: Oil
Virtual Tour
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 38 Terrace Avenue

DateEvent & SourcePriceAppreciation
Mar 7, 2022

Sold (Public Record)

Public Record #1487409814

$625,000

+189.4% / yr

Sep 17, 2021

Sold (Public Record)

Public Record #1475551251

$380,000

-2.7% / yr

Jul 15, 2005

Sold (Public Record)

Public Record #196172980

$590,000—
DateEvent & SourcePrice
03/07/2022

Sold (Public Record)

Public Record #1487409814

$625,000

+189.4% / yr

09/17/2021

Sold (Public Record)

Public Record #1475551251

$380,000

-2.7% / yr

07/15/2005

Sold (Public Record)

Public Record #196172980

$590,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Terrace Avenue

Taxable ValueLand$111,700Additions$551,600Total$663,300
Home Facts
Baths3Total Finished SqFt2,072 SqFtAbove Grade Finished SqFt2,072 SqFtStories2Lot Size7,841 SqFtStyleDuplexYear Built1870CountyWESTCHESTERAPN554203 89.16-1-27

Schools near 38 Terrace Avenue

This home is within Ossining Union Free School District.
Rating
School
Type
Grades
Distance
Brookside School
Public - K to 2
Claremont School
Public - 3 to 4
Roosevelt School
Public - 5
Anne M Dorner Middle School
Public - 6 to 8
Rating
School
Distance
Brookside School
PublicK to 2

Claremont School
Public3 to 4

Roosevelt School
Public5

Anne M Dorner Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 38 Terrace Avenue, Ossining, NY 10562

38 Terrace Avenue is a multi-family home for sale in Ossining, NY 10562. This property was listed for sale on January 22, 2026 by Gary Sanguino, it's currently listed at $850,000. It has been on the market for a total of 2 days and was last sold on March 7, 2022. This listing's school district is Ossining Union Free School District. Nearby schools include Brookside School, Claremont School and Roosevelt School. 38 Terrace Avenue is a 8-bed, 3-bath, 2,435 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gary Sanguino

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/24/2026 11:44 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.