Calling all investors..this is your once-in-a-lifetime opportunity to acquire and restore this captivating 1890 stone Colonial located in the highly sought after Gracemere Lake section of Tarrytown with Irvington schools. This home invites a visionary developer to unlock its true potential and convert into unique luxury condominiums. This grand home sits on 1.18 acres of breathtaking property. You will be captivated by the beauty and serenity surrounding this magnificent 8-family home with timeless charm. This palatial residence is the perfect blend of old world charm and versatility. Each unique unit exudes a rare elegance. Be it the extraordinarily high ceilings, arched doorways, spectacular light, unique over-sized windows or stunning stone terraces and patios, this property will not disappoint. This home is being sold "As-Is" with no contingencies. Buyer to pay transfer tax. Home is part of an HOA, there is an estimated monthly fee of $402 per month for the building.