230 State Route 32 N, New Paltz, NY 12561

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Property Description

An equally compelling opportunity for either an owner-occupant or investor seeking a newer, efficient property with much of the heavy infrastructure already addressed. This THREE-FAMILY offers a rare combination of low-maintenance infrastructure, energy efficiency, and consistently strong rental demand. Built new in 2020, the property has also seen major system upgrades including a new septic system (2020), new well (2022), water treatment/filtration systems, and a resurfaced driveway (2026).The building includes three well-planned apartments: a 2-bed, 1-bath 1st floor unit, a 1-bed, 1-bath 2nd floor unit with private deck, and a 3-bed, 2.5 bath unit occupied by the same excellent tenants for the past six years. All three apartments include in-unit washers/dryers, dishwashers, and efficient Mitsubishi mini-split systems providing both heat and A/C. Units 1 + 2 also feature HP HWHs, helping keep utility costs modest for tenants.Designed with both livability and practicality in mind, the apartments appeal equally to professionals, students, and long-term renters. Outdoor space, ample parking, and a setting slightly removed from the road contribute to the property's quiet, easy feel, while proximity to the Village of New Paltz, SUNY NP, the rail trail, NYS Thruway, Rosendale, Kingston, and the Gunks continues to support strong occupancy and very low vacancy history. This is a solid investment from every point of view.

230 State Route 32 N | MLS# 1013313

This multi-family property located at 230 State Route 32 N, New Paltz, NY 12561 is currently listed for sale with an asking price of $775,000. State Route 32 N is located within the New Paltz school district. Search New Paltz real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Ductless
Heating: Electric, Heat Pump
Lot Size: 2.90 Acres
Taxes: $18,224
Year Built: 2020

Amenities

Breakfast Bar
Open Floorplan

Feature Descriptions

Exterior: Frame, Vinyl Siding
On Market Date: 2026-06-17
Parcel Number: 3889-078.020-0003-008.000-0000
Parking Features: Driveway, Off Street
Rental Term: Monthly
Separate Electric Meters: 4
Sewer: Septic Tank
Units: 3
Utilities: Cable Connected, Electricity Connected
Water: Well

Local Schools

High School: New Paltz Senior High School
Middle School: New Paltz Middle School
Elementary School: Duzine
School District: New Paltz

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Estimated Payment

$ 3,469.52 per month $1,724.81 Principal & Interest $1,518.67 Property Tax $226.04 Homeowner's Insurance

Change Payment Information

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years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Compass Greater NY, LLC
Agency Contact: 845-334-0227

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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