There are several advantages and disadvantages of purchasing real estate in the city of Ossining, New York:

Advantages:

1. Location: Ossining is located near several major highways and within easy commuting distance to New York City, making it a convenient location for those who work in the city.

2. Scenic beauty: The city is set against the backdrop of the Hudson River and its surrounding hills, providing picturesque views for its residents.

3. Public transportation: Ossining has its own Metro-North train station and several local bus routes that make getting around the area easy.

4. Community events: The city hosts several community events throughout the year, including the Ossining Farmers Market, the Ossining Waterfront Concert Series, and the Ossining Village Fair.

Disadvantages:

1. Cost of living: The cost of living in Ossining is higher than the national average, particularly in terms of housing costs.

2. Traffic: During rush hour, traffic can be heavy on some of the major roads in and around Ossining.

3. Limited nightlife: Unlike nearby cities like New York City or White Plains, Ossining's nightlife scene is limited.

4. Zoning restrictions: The city has zoning restrictions that may limit certain types of development or renovation projects.

Overall, purchasing real estate in Ossining may be a good choice for those who value scenic beauty, convenience, and community events, but it may not be the best option for those who are looking for a more affordable cost of living or a lively nightlife scene.