Active

40 Sunset Ridge Road

New Paltz NY, 12561-1036

$999,000


$106.50 per sqft

Active

9,380 sqft

Commercial

Built in 1970

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.

20232178

MLS ID

August 1, 2023

Listed

March 22, 2024

Updated

Map

40 Sunset Ridge Road
New Paltz NY, 12561-1036

Interior Features

Total Stories

0


Fireplace

Yes


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

3 Acres

School Information

Elementary School

DUZINE K-2

Other Property Details

Area Name

NEW PALTZ


Taxes

$26,728


Tax Frequency

Annually


Days on Market

181


Garage

No


View

No


County

Ulster County


Municipality

New Paltz


Pool

No


Waterfront

Yes


Zoning

R1

Listing History

Date

Event

Price

10/13/2023

Price Change

$999,000

-17%

 

Courtesy of Keller Williams Realty HV Nort,

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joseph Satto Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Multiple Listing Service of Ulster County. All Rights Reserved.

Data last updated 12:17 AM UTC, 3/22/2024

Powered byLuxury Presence