Putnam Valley, NY Multifamily Home for Sale

Putnam Valley, New York, known as "The Town of Lakes," offers a blend of country living with convenient access to New York City. Located just east of the Hudson River, this hamlet is surrounded by private lakes and state parks, providing ample opportunities for outdoor activities. Residents enjoy hiking on the Appalachian Trail, accessible via multiple local roads, and exploring Clarence Fahnestock State Park, which offers kayaking, fishing, and trails for hiking and winter sports. The community features modest single-family homes built throughout the 20th century, ranging from fixer-uppers to modern lakefront properties. While Putnam Valley itself has limited retail options, nearby towns like Jefferson Valley and Peekskill offer shopping and dining, including the Jefferson Valley Mall and Panchos and Gringos Mexican Restaurant. The Putnam Valley Central School District is highly rated, with schools offering Universal Pre-K programs. Commuters can reach New York City in about an hour by train from Peekskill or by driving 52 miles south on the Taconic State Parkway. With a low crime risk compared to the national average, Putnam Valley provides a peaceful setting for those seeking a rural lifestyle with suburban conveniences.