• MLS® #: 20190613
  • 25 N Chestnut
  • New Paltz, NY 12561
  • $550,000
  • 2300 SQ. Feet, 0.22 Acres
  • Commercial
  • Agent: Teresa Shand
  • Office: Colucci Shand Realty

New Paltz Village: Commercial Opportunity doesn’t always knock on your door in New Paltz so be sure to jump on this one. Currently leased to restaurant with 2nd floor 5 bedroom apartment that was recently updated, a separate barn with walk up 1 bedroom and lots of storage space on ground level. Located in a high traffic area with traffic light and good visibility. It’s an investment that you want to help build your real estate portfolio. Restaurant has one year left on lease and would be interested in extending and the other two units are up this year. With full occupancy the upstairs apartments rent for the year is $38,100. The restaurants rent for the year is $25,056. The apartment over the barn rent is $10,920 per year.

Essential Information

  • MLS® #20190613
  • Price$550,000
  • Square Footage2,300
  • Acres0.22
  • Year Built1960
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusACTIVE

Community Information

  • Address25 N Chestnut
  • AreaNEW PALTZ
  • CityNew Paltz
  • StateNY
  • Zip Code12561

Interior

  • HeatingBASEBOARD, HOT WATER
  • Has BasementYes
  • BasementPARTIAL

Exterior

  • ConstructionFRAME/STICK

Lot Description

LEVEL, PARKING LOT, WALK-PUBLIC TRAIL

School Information

  • DistrictNEW PALTZ

Additional Information

  • Date ListedFebruary 26th, 2019
  • Days on Market147
  • ZoningB2
Print this Page

Property Location

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

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 © 2019 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.