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Description

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.

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© 2021 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2021-09-19T00:18:21.27
www.barbaracarterteam.com/homes/118518086
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113 N Chestnut New Paltz, NY 12561

  • Price: $450,000
  • Status: ACTIVE
  • Updated: 126 min ago
  • MLS #: 20212313
0
Beds
0
Baths
0
½ Baths
1.4
Acres
2,700
SQFT
$167
$/SQFT
1965
Built
Neighborhood:
New Paltz
County:
Ulster County
Area:
New Paltz
School District:
New Paltz Central
Property Description
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.
Property Features

Annual Income 53400 Annual Net 26968 Foreclosurey N No General Tax 3916 Listing Type Exclusive Right Monthly Income 4450 Owner Pays All Utilities Short Saley N No Tennant Pays Rent Only Type Mixed Use Vil Tax 1680

© 2021 by Hudson Valley Catskill Region MLS.
Listing # 20212313 provided courtesy of Matthew Eyler of New Paltz Properties.
© 2021 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2021-09-19T00:18:21.27
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299, Suite 100
Highland NY, 12528