Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly poised to fulfill your vision for the ultimate dream apartment complex or a dynamic mixed-use residential development. Located within a short, pleasant stroll from the charming village of New Paltz, this vacant land boasts exceptional roadside exposure off the interstate, ensuring your project's visibility. Enjoy proximity to SUNY New Paltz, local shops, and vibrant towns, further enhancing the allure of this location. With limitless possibilities awaiting the right project and visionary developer, you can create a lasting income stream for generations to come. Additional documentation is readily available for your perusal, including details on the Hidden Ridge Development Corporation's apartment wastewater treatment plan. While there is an open permit for asbestos on the land, it is being sold AS-IS, making it a rare and unique investment opportunity. Cash buyers are invited to seize this chance to bring their dreams to life. Don't miss out on this exceptional opportunity!
The median home value in New Paltz, NY is $574,000. 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 $574,000. 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.