HRR was acquired by the New York Central Railroad in 1864, which also built a depot here in 1893.

A pedestrian tunnel was added in 1929 connecting the two sections of Main Street, and a road bridge over the tracks was built in 1930,[2] but the station was closed to passengers in 1954, despite remaining in use.

[3] MTA control of passenger service continued through the period when it was taken over by Conrail in 1976, and then by Metro-North Railroad in 1983.

The former station house is within the boundaries of the Cold Spring Historic District.

Walkways on both sides of the tracks connect the old and new station, and the pedestrian tunnel built by New York Central Railroad is still in use by both commuters and local residents.