• MLS® #: 20202821
  • 1-3 Henry W Dubois Drive
  • New Paltz, NY 12561
  • $985,000
  • 6750 SQ. Feet, 0.78 Acres
  • Commercial
  • Agent: Matthew Eyler
  • Office: New Paltz Properties

Prime 6,750-square-foot multi-tenant office building in the Village of New Paltz. High-visibility corner lot at North Chestnut (Rt 32 N) and Henry W. DuBois Drive, with 7,400 passing vehicles per day. A new Stuart's is being built directly across Henry W. DuBois from the building, with a new traffic light that will enhance exposure, convenience, and asset value. Zero Place, a 46-unit state-of-the-art residential development, is nearing completion one block to the north, and the Empire Trail rail trail system is being extended along Henry W. DuBois in front of the building. A major renovation of the entire building was completed 10 years ago when the school district moved into the building, including new high-efficiency heat pump HVAC, upgraded electrical service, new wiring, new windows, fire safety system, and high-speed fiber optic connectivity. Four bathrooms, plus many additional sinks, with municipal water and sewer. Approximately 30 off-street parking spaces. Current tenants include popular beauty salon JEM Hair Studio, custom screen printer Hudson Valley Impressions, and Justino Chiropractic Wellness Center. All tenants are currently paying rent. There is 1,800 sf of available space that can either be leased out to new tenants or utilized by a user/buyer. Contact listing broker for full financials. This is a high quality building with significant value-add opportunities. Concepts include re-configuring the space to create smaller office suites that can achieve premium rents per square foot - there are no load bearing internal walls, so the there is complete design flexibility. The building is also very well suited to single-tenant occupancy (that is what it was designed for by the school district). An office condo or co-op strategy could also be very profitable. With 0.78 acres to work with, the property is a great mixed-use development site - either now, or in the future. High-density NBR zoning supports a development of significant scope. The offering price of less than $150 psf is a great deal, especially given the extremely positive market trends unfolding in New Paltz, the outstanding location of the property, and the upgraded, high-performance mechanical systems in the building.

Essential Information

  • MLS® #20202821
  • Price$985,000
  • Square Footage6,750
  • Acres0.78
  • Year Built1974
  • TypeCommercial
  • Sub-TypeOffice
  • StatusACTIVE

Community Information

  • Address1-3 Henry W Dubois Drive
  • CityNew Paltz
  • CountyUlster County
  • StateNY
  • Zip Code12561


  • CoolingHEAT PUMP


  • ConstructionMASONRY

School Information

  • DistrictNEW PALTZ

Additional Information

  • Date ListedJuly 24th, 2020
  • Days on Market20
  • ZoningNBR
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Similar Listings To: 1-3 Henry W DuBois Drive, New Paltz

View all similar properties here

Mortgage Calculator

Coldwell Banker Village Green Realty Ulster Savings This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information

Show me the calculations and amortization

IDX Logo The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Village Green Realty UCBR are marked with IDX logo and the detailed information about them includes the name of the listing broker.

Copyright © 2020 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

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.