40 Sunset Ridge | New Paltz

$999,000

New to the market investment opportunity in New Paltz, NY. This 9,380 SF - two story executive office property is made up of 7 units and sits on 3 acres. At 85% occupancy, there is upside in filling the two vacant units, and current rents at approximately 70% of market, this is a value add opportunity for investors. There is no deferred maintenance, and with little term left on many in place leases, it is also available for an owner user. Located 1.3 Miles from Main St. in the Village of New Paltz, and 2.8 Miles from the NYS Thruway. Additional Land Area which is unused may be developed. ULSTER 20232178

Directions to property: Follow: /State Rte 32 S to Sunset Ridge in New Paltz. Turn left onto Sunset Ridge Turn right. Turn left, Destination will be on the right.

MLS Listing ID: 
ULSTER 20232178
Community Information
School District: 
New Paltz Central
Building Details
Details about the building on a property.
Year Built: 
1970
New Construction: 
0
Age: 
41
Construction
DisabilityFeatures: 
No
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
3
Lot Size (Area): 
3
Lot Area Units: 
Acres
Lot Size (Dimensions): 
3 Acres
Public Record
Annual Tax: 
$0.00
Property Zoning: 
R1
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
8/1/2023
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Nathan A. Kanney
Listing Co-Agent Name: 
Leigh Quintana
Listing Office Name: 
Keller Williams Realty HV Nort
Listing Co-Office Name: 
Keller Williams Realty HV Nort