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Listed by Nathan Kanney, Keller Williams Realty HV Nort
New to the market investment opportunity in New Paltz, NY. This 9,380 SF - two story executive office property is made up of 7 units and sits on 3 acres. At 85% occupancy, there is upside in filling the two vacant units, and current rents at approximately 70% of market, this is a value add opportunity for investors. There is no deferred maintenance, and with little term left on many in place leases, it is also available for an owner user. Located 1.3 Miles from Main St. in the Village of New Paltz, and 2.8 Miles from the NYS Thruway. Additional Land Area which is unused may be developed.

More Info

Basic Information

  • Acreage3
  • List Price$999,000
  • MLS Number20232178
  • MlsStatusACTIVE
  • Property TypeOffice
  • Square Feet9,380
  • Units7
  • Year Built1970

Other

  • Lot46
  • Lot Dimensions3 Acres
  • Short SaleNo
  • View Count258

Location

  • Address40 Sunset Ridge Road
  • Area TownNEW PALTZ
  • Building Number40
  • Elementary SchoolDUZINE K-2
  • High School DistrictNew Paltz Central
  • StateNY
  • StreetSunset Ridge
  • Street DesignationRoad
  • TownNew Paltz
  • Zip12561-1036
  • ZoneR1

Property

  • Current Business Type CntOFFICE-GENERAL, OFFICE-PROFESSIONAL

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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