List Search

54 N Chestnut St
New Paltz, NY 12561

$765,000 USD

Office Residential For Sale  •  2,912 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 2,912 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 8.12 %
  • Tenancy Multiple
  • Zoning B1
0 Transit Score
80 Walk Score

Highlights

Attractive mixed-use building in central downtown New Paltz
Fully leased - two ground floor commercial units and two residential units (1BR + 4BR)
In-place 8% cap rate, with additional upside potential
New zoning rules may allow construction of additional units on site
Ample on-site parking
10 minute walk to SUNY New Paltz campus
Cap Rate: 8.12 %

Public Transportation

AirportDriveWalkDistance
New York Stewart International 35 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Matt Eyler 845-417-8300 New Paltz Properties
Matt Eyler 845-417-8300 New Paltz Properties