403 Main Street New Paltz, NY $ 5,300,000
403 Main Street
$ 5,300,000
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403 Main Street

New Paltz, NY, 12561
$ 5,300,000
Baths0.0 Sq 518,364

Monthly Estimate*

$ 35,225

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Studio

Lots and Land for sale in New Paltz, NY

for $5,300,000. This 518,364 square foot property was built on a lot size of 11.9.

Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly poised to fulfill your vision for the ultimate dream apartment complex or a dynamic mixed-use residential development. Located within a short, pleasant stroll from the charming village of New Paltz, this vacant land boasts exceptional roadside exposure off the interstate, ensuring your project's visibility. Enjoy proximity to SUNY New Paltz, local shops, and vibrant towns, further enhancing the allure of this location. With limitless possibilities awaiting the right project and visionary developer, you can create a lasting income stream for generations to come. Additional documentation is readily available for your perusal, including details on the Hidden Ridge Development Corporation's apartment wastewater treatment plan. While there is an open permit for asbestos on the land, it is being sold AS-IS, making it a rare and unique investment opportunity. Cash buyers are invited to seize this chance to bring their dreams to life. Don't miss out on this exceptional opportunity!

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Lots and Land Active

Price

$ 5,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 14,330

Style

Lot Size

11.9

Town/City

New Paltz

County/Region

Ulster

MLS | Web ID

H6161168

Features
General
High School New Paltz Senior High School
High School District New Paltz
Elementary School Duzine School
Middle/Junior High School New Paltz Middle School
Middle/Junior School District New Paltz
Elementary School District New Paltz
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* Excluded Features
List By
Anthony DeBellis

Listing Agent

Douglas Elliman Real Estate

Broker

anthony.debellis@elliman.com

Email

Affordability Calculator

$36,420
Per Month
97%
3%
0%
Monthly Principal & Interest
$35,225
Monthly Property Taxes
$1,194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4099240 Elementary School
4098940 Middle School
New Paltz Senior High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2023$3,900,000 -21.21% Price Down
2/5/2023$4,950,000 Listed Price

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403 Main Street, New Paltz, NY, 12561 is a Lots and Land for sale at $5,300,000 with 518,364 sqft and a lot size of 11.9. 403 Main Street is a studio with 0.0 baths. The property's zip code is 12561 which is in New Paltz, NY