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$1,200,000
MLS Number20232178
MlsStatusACTIVE
Property TypeOffice
Square Feet9,380
Units7
Year Built1970
Other
Lot46
Lot Dimensions3 Acres
Short SaleNo
View Count15
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
