New Paltz NY Real Estate & Commercial for Sale

Seize the Hudson Valley's Prime Investment Opportunity Elevate your investment portfolio with a unique property that embodies the essence of the Hudson Valley. Situated within the coveted town of New Paltz , this expansive 75-acre parcel presents a captivating blend of natural beauty, history, and unlimited agricultural potential. Once a thriving equestrian facility, this property's landscape still echoes the legacy of its past. This former equestrian facility, with its scenic backdrop of the Shawangunk Mountain range, offers an array of assets with lush pastures and two former stables, other out buildings, a 4 bed 2 bath home: the foundation for a revitalized venture is already in place. This property transcends the conventional, offering investors the chance to tap into the burgeoning agritourism scene. The existing distillery, which crafts spirits from organic farm-grown heirloom grains on the property, lends a unique touch to the property's offerings. Embrace the privilege of becoming the steward of this remarkable property. Investors are invited to explore various avenues of growth, from unforgettable weddings, agritourism experiences and fundraising events against the backdrop of the Shawangunk Mountains to the growth of an established destination distillery experience. The business along with the inventory and equipment can be purchased as a package deal at an additional cost.

This versatile office building is located within walking distance of downtown New Paltz and all amenities including the Trailway bus station, the Middle School, the Rail Trail, Hasbrouck Park, and SUNY New Paltz. Currently, there are 5 units. 1st floor includes two two-room units with awaiting area each and access to a half bath. One of the units has access to the basement. The second floor has three rooms, a waiting area, and a half bath with access to the attic. All units are currently rented and rent is below market value. There are 8 designated and paved parking spots on the property. The roof was replaced in 2020. Central air is for downstairs. Upstairs are window units.

Location location location, Main St New Paltz within walking distance to all shopping, college, eateries and stores. Sale includes an adjacent residential parcel totaling +/-1.89 acres, front parcel is a 3-unit commercial building, which can be used as office space, then a detached +/- 600square foot restaurant building with ample parking for both buildings, property is located in a B-2 commercial zone. The additional parcel is a vacant lot (in the back) zoned R-1 and consists of about 1.43 acres. The property is hooked up to municipal sewer but currently runs off of a well, water available across Main St. The additional vacant lot 86.8-4-15 has the potential to develop as a residential parcel. Please see associated doc's for all income and expense info, county records, zoning and uses in the zone. A/O 12/15/23

Bright Beginnings Day Care and Pre-School now available for sale, both business and real estate. The real estate located at 8 Brookside Road and the business known as Bright Beginnings are available and will be transferred to a buyer as a turnkey business with full enrollment and growth potential. The property has operated since 1998 when it was built by the current owners for the current use and has operated as a staple of the community with a great reputation and waiting list for enrollment. Day Cares and Pre-Schools are an integral part of the community in New Paltz. The building has been well kept and up to code with Day Care standards and has no deferred maintenance but does have room for expansion to the current building, and potentially elsewhere on the property.

Location, location. location is the prime attribute for this wonderful Parcel. The tremendous amount of road frontage allows for multiple curb cuts. There are two primary zoning classifications. There are approximately 7 acres of light industrial zone within 2 miles of the NYS Thruway exit 18. This portion is mostly level with a blue shale deposit at the northeast end. There is enough blue shale to use for driveways and/or a private road. A high tech warehouse or nearly any light industrial or commercial use is allowed on this portion of the 27.6 acres. Another 20.6 acres is zoned residential and varies from level land to gentle slope to moderate slope topography. Of that area there is approximately 5 acres of pond, wetlands and the 100' buffer zone required around them. The remaining 15 acres has a gentle slope with young growth cover. Cluster housing could be the best way to maximize the use of the residential area. The R-1 zone allows for 1 acre individual lots. If cluster housing is built, it can contain the same number of units as would be allowed in the R-1 zone. So approximately 20 units could be built with town approval as there is town water but no sewers. The 5 acres of pond and wetlands can be utilized for the necessary conservation easement required by any cluster housing development There is currently a 1,600 sq ft 3br, 1.5 bath home on approximately 2 acres. This includes a portion of a barn. If the entire 27.6 acres is developed for cluster housing, building 27 units may be possible. This would mean demolition of the current structures which is a viable structure with the tenant paying $2,700 per month. With the lack of affordable housing and strong demand for housing in and around New Paltz, this parcel offers a unique opportunity for development.

Located in the center of New Paltz, a thriving tourist and college town. Two commercial spaces; restaurant and retail sales on first floor. Two 4 bedroom apartments on second floor. Restaurant (Zaytune Cafe) has very good reviews for Mediterranean food, and Heddy Teddy is a successful clothing/gift shop. Zaytune has 5 year lease (6/21 to 5/26) w/ renewal option for additional 5 years. Zaytune pays $3,860 as of June 2023). Heady Teddy is in second year of a 5 year renewal, and pays $3,675 per month. Tenants on second floor (2 apartments) pay $3,055 and $3,180 for a total of $6,235 per month. Building total rent is $13,860 per month or $166,320 per year. Excellent location, high visibility.

This unique 3 bedroom 1 bath house is zoned I1 for endless opportunities and is ready for your vision! Ideally located just minutes from NYS Thruway and numerous business in the desirable Town of New Paltz, some of the many permitted commercial usages are: auto, indoor recreation, office space, warehouse, manufacturing and numerous more! Opportunity awaits! Please see Associated Docs for permitted usages.