Listing photo for 53 Main Street, New Paltz, NY
Listing photo for 53 Main Street, New Paltz, NY
Listing photo for 53 Main Street, New Paltz, NY
Listing photo for 53 Main Street, New Paltz, NY
Listing photo for 53 Main Street, New Paltz, NY
Listing photo for 53 Main Street, New Paltz, NY
Listing photo for 53 Main Street, New Paltz, NY
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53 Main Street,

New Paltz, NY

$1,495,000

Located in the center of New Paltz, a thriving tourist and college town. Two commercial spaces; restaurant and retail sales on first floor. Two 4 bedroom apartments on second floor. Restaurant (Zaytune Cafe) has very good reviews for Mediterranean food, and Heddy Teddy is a successful clothing/gift shop. Zaytune has 5 year lease (6/21 to 5/26) w/ renewal option for additional 5 years. Zaytune pays $3,860 as of June 2023). Heady Teddy is in second year of a 5 year renewal, and pays $3,675 per month. Tenants on second floor (2 apartments) pay $3,055 and $3,180 for a total of $6,235 per month. Building total rent is $13,860 per month or $166,320 per year. Excellent location, high visibility.

Facts & Features
MLS® # H6259949
Price $1,495,000
Bathrooms 0.00
Acres 0.00
Year Built 1894
Type Commercial Sale
Sub-Type Retail
Status Active
MLS hgmls
Community Information
Address 53 Main Street
City New Paltz
County Ulster
State NY
Zip Code 12561
Amenities
Is Waterfront No
Has Pool No
Interior
Heating Oil, Baseboard, Hot Water
Cooling Zoned, Window Unit(s)
Has Basement No
Fireplace No
School Information
District New Paltz
Additional Information
Date Listed July 15th, 2023
Days on Market 286
Zoning B2
Short Sale No
RE / Bank Owned No
Listing Details
Listing Courtesy of Reading Realty
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Listing information last updated on April 27th, 2024 at 11:05am EDT.