High Visibility investment opportunity situated in the heart of New Paltz! Located on a bustling corner just steps away from local shops, public transportation, restaurants and amenities. The building features two retail spaces; both store fronts that are equipped with handicap accessibility and a full bath. One unit is currently occupied on a month-to-month lease. The second space will be vacated by the end of December, ready for new tenants. There are two apartment units that are currently occupied. The top level is a spacious unit offering two bedrooms, a full bath, a kitchen and a comfortable living area. The lower-level unit includes two rooms, a full bath, kitchen and living area. The owner pays the heat and hot water. There are 4 tenant meters and 1 landlord meter with municipal sewer and water. Off street parking allows for 7 parking spots along with street parking. This property seamlessly combines commercial and multi-family opportunities making it a rare find in a great location. Just 10 minutes to the traffic circle and just under 2 hours from NYC! Please see associated docs for income and expense sheet/county records.
Well-maintained mixed use building in Downtown New Paltz with 5 apartments and 1 commercial space on North Chestnut St. 5-6 car off street parking plus street parking. Fully leased with long-term residential tenants with below market rental rates. Commercial tenant will be moving out. Town water and sewer. Separate electric meters. Oil heat.
EXTRAORDINARY CHANCE to invest in your DREAM. For sale is a spectacular building fully equipped and operational to start or bring your existing Restaurant, Brewery, Winery, Distillery, Event Destination or whatever your imagination can dream up. Located in the Beautiful and Bustling Village of New Paltz only 90 Minutes from NYC and Albany, just minutes off NYS Thruway. This Facility can Accommodate 150 guests inside and another 66 outside on a spacious awning covered patio with breathtaking views overlooking the Shawangunk Mountain Range. Private Parking is included with a capacity to hold 72 cars. With a lot encompassing just over 2 acres there is unlimited potential for diversity and growth. An Extensive renovation was done in 2019 and details will be provided to interested parties. Do Not miss this opportunity to purchase this one of an kind exceptional property and bring your vision to fruition.
Seize the Hudson Valley's Prime Investment Opportunity Elevate your investment portfolio with a unique property that embodies the essence of the Hudson Valley. Situated within the coveted town of New Paltz , this expansive 75-acre parcel presents a captivating blend of natural beauty, history, and unlimited agricultural potential. Once a thriving equestrian facility and distillery, this property's landscape still echoes the legacy of its past. This former equestrian facility, with its scenic backdrop of the Shawangunk Mountain range, offers an array of assets with lush pastures and two former stables, other out buildings, a 4 bed 2 bath home: the foundation for a revitalized venture is already in place. This property transcends the conventional, offering investors the chance to tap into the burgeoning agritourism scene. Crafts spirits from organic farm-grown heirloom grains on the property, lends a unique touch to the property's offerings. Embrace the privilege of becoming the steward of this remarkable property. Investors are invited to explore various avenues of growth, from unforgettable weddings, agritourism experiences and fundraising events against the backdrop of the Shawangunk Mountains to the growth of an established destination distillery experience.
"Looking for the perfect location for your business? Look no further! Our state route 32 spot, currently operating as a tanning salon, offers a range of amenities including hairdressers, pedicures, and even tanning equipment available for rent. With the option to split up the space into 10 separate offices or customize it to fit your needs, our current owners are dedicated to working with you every step of the way. Don't miss out on this fantastic opportunity - come check out our space today!"
Location, location. location is the prime attribute for this wonderful Parcel. The tremendous amount of road frontage allows for multiple curb cuts. There are two primary zoning classifications. There are approximately 7 acres of light industrial zone within 2 miles of the NYS Thruway exit 18. This portion is mostly level with a blue shale deposit at the northeast end. There is enough blue shale to use for driveways and/or a private road. A high tech warehouse or nearly any light industrial or commercial use is allowed on this portion of the 27.6 acres. Another 20.6 acres is zoned residential and varies from level land to gentle slope to moderate slope topography. Of that area there is approximately 5 acres of pond, wetlands and the 100' buffer zone required around them. The remaining 15 acres has a gentle slope with young growth cover. Cluster housing could be the best way to maximize the use of the residential area. The R-1 zone allows for 1 acre individual lots. If cluster housing is built, it can contain the same number of units as would be allowed in the R-1 zone. So approximately 20 units could be built with town approval as there is town water but no sewers. The 5 acres of pond and wetlands can be utilized for the necessary conservation easement required by any cluster housing development There is currently a 1,600 sq ft 3br, 1.5 bath home on approximately 2 acres. This includes a portion of a barn. If the entire 27.6 acres is developed for cluster housing, building 27 units may be possible. This would mean demolition of the current structures which is a viable structure with the tenant paying $2,700 per month. With the lack of affordable housing and strong demand for housing in and around New Paltz, this parcel offers a unique opportunity for development.
This unique 3 bedroom 1 bath house is zoned I1 for endless opportunities and is ready for your vision! Ideally located just minutes from NYS Thruway and numerous business in the desirable Town of New Paltz, some of the many permitted commercial usages are: auto, indoor recreation, office space, warehouse, manufacturing and numerous more! Opportunity awaits! Please see Associated Docs for permitted usages.
The median home value in New Paltz, NY is $563,000. This is higher than the county median home value of $348,000. The national median home value is $338,100. The average price of homes sold in New Paltz, NY is $563,000. Approximately 48.5% of New Paltz homes are owned, compared to 39.76% rented, while 11.75% are vacant. New Paltz real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Paltz real estate agent to arrange a tour today!
New Paltz, New York has a population of 14,421. New Paltz is more family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in New Paltz, New York is $79,615. The median household income for the surrounding county is $71,040 compared to the national median of $69,021. The median age of people living in New Paltz is 26.2 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 13.1 degrees. The average rainfall is approximately 47.1 inches per year, with 42.5 inches of snow per year.