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Listed by Matthew Eyler, New Paltz Properties
Prime New Paltz owner/occupier office opportunity - stop paying rent and own your own 1,350 sf office space! Two Fully leased lower level apartments cover your operating expenses. Central Village location is walkable to everything. Current owner willing to lease back office space at $2,400 per month if desired - great investment opportunity. The office space is nicely finished and in excellent condition, ideal for therapy, alternative medicine, real estate, law practice, tech, or other professional office use. The lower floor includes two residential apartments, leased for $975 and $1,075 per month. North Chestnut Street was re-zoned in recent years, with a number of new mixed-use buildings in various stages of development. These neighborhood improvements are likely to drive future appreciation along the corridor. As sewer infrastructure is modernized and expanded along North Chestnut, the property could also be redeveloped itself, either by adding to the existing building or constructing a new building in the future. Nine parking spaces, a new water heater, and a large storage shed are all appealing features of this core New Paltz asset.

More Info

Basic Information

  • Acreage1.4
  • List Price$450,000
  • MLS Number20212313
  • MlsStatusACTIVE
  • Property TypeMixed Use
  • Square Feet2,700
  • Units3
  • Year Built1965

Location

  • Address113 N Chestnut Street
  • Area TownNEW PALTZ
  • Building Number113
  • High School DistrictNew Paltz Central
  • StateNY
  • StreetChestnut
  • Street DesignationStreet
  • TownNew Paltz
  • Zip12561
  • ZoneNBR

Amenities

  • Other AmenitiesBasement

Other

  • Lot15
  • Lot Dimensions1.4 Acres
  • Owner PaysALL UTILITIES
  • Short SaleNo
  • Tennant PaysRENT ONLY
  • View Count7

New Paltz, NY Demographics

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New Paltz, NY Real Estate Market Data

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New Paltz, NY Schools

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