403 Main Street

New Paltz, NY 12561
$5,300,000

Description

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!

  • Property Details
    • Property
      • Lot description:Level, Corner Lot
    • Measurements
      • Acres:11.9
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Municipal Over 500 Feet
  • Community and Neighborhood Details
    • Location
      • School district:New Paltz
      • Elementary School:Duzine School
      • Middle School:New Paltz Middle School
      • High School:New Paltz Senior High School
      • County:Ulster
  • Financial Details
    • Pricing Details
      • Original List Price:$6, 000, 000
      • Taxes annual:$14, 330
  • Other
    • Source
      • MLS #:H6161168

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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