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Listed by Robert Gabrielli, Reading Realty
Two commercial spaces (restaurant and retail sales) on first floor; two 4 bedroom apartments on second floor. Restaurant (Faytune Cafe) has 5 year lease (6-21 ro 5-26) w/renewal option for additional 5 years. (June 22 rent is $3,675/mo); Retail Store (Heady Teddy) pays $3,150 per month. Tenants above pay 2,980 per apt x 2 = $5,960; Total rent roll is $12,785 per month or $153,420 per year. Tenants pay all utilities.

More Info

Basic Information

  • Acreage0.11
  • Business NameFaytune Cafe; Heady Teddy
  • List Price$1,900,000
  • MLS Number20221412
  • MlsStatusACTIVE
  • Property TypeMixed Use
  • Square Feet4,560
  • Units4
  • Year Built1890

Other

  • Lot8
  • Lot Dimensions41 x 110 x 51 x various
  • Short SaleNo
  • View Count35

Location

  • Address55 Main Street
  • Area TownNEW PALTZ
  • Building Number55
  • Elementary SchoolDUZINE K-2
  • High School DistrictNew Paltz Central
  • StateNY
  • StreetMain
  • Street DesignationStreet
  • TownNew Paltz
  • Zip12561
  • ZoneB2

Property

  • Current Business TypeCAFE/DINER, CLOTHING
  • Current Business Type CntSPECIALTY STORE

Amenities

  • Other AmenitiesBasement

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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