$495,000
UNDER CONTRACT $446K PRICE INCREASE

232 New York 32 New Paltz, NY 12561

Estimated payment $3,219/month

Total Views 7,036
3 Beds
3 Baths
1,800 Sq Ft
$275 Price per Sq Ft

About This Home

Rare Investment Opportunity in New Paltz - Turnkey 3-1800 square Family Property!
Don't miss this chance to own a fully operational, income-generating 3-family property in the heart of New Paltz on 2.1 acres. Each of the three spacious units features 1 bedroom, offering comfortable living and strong rental appeal.Current Rent Roll: 1300 (long term tenant). 1400, 1750 (new tenant) Totaling 4,450/month
Two of the three units are currently rented below market value, with 1-bedroom units in the area easily renting for around 1,800. That means there's room to increase your monthly income to approximately 5,400/month.
Tenants pay all utilities, including heat and electricity, making this an ideal low-expense investment.
Recent upgrades include: Newer roof,Updated flooring,
Renovated bathrooms, Durable plastic septic system
Located just off Route 32 South with a shared driveway, the property also has frontage on Brookside Road—offering potential to add a second private entrance. A multi-bay shed is included on the property, featuring three small bays and one larger bay—perfect for storage or renting out for additional income.

Listing Agent

Jason Schobert

eXp Realty, LLC License #10401275485 Listed on: 04/22/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,985

Year Built

  • Built in 1900

Lot Details

  • 2.1 Acre Lot

Home Design

  • Triplex
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 10 / 4
  • Assessor Parcel Number 388909400200040100000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,985

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Triplex
  • Lot Size Acres: 2.1
  • Co List Office Phone: 888-276-0630
  • MLS Status: Accepted Offer CTS
  • Above Grade Finished Sq Ft: 1800.0
  • New Construction: No
  • Master Plan Zoning: R1
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 2.1
  • Cooling:None6: Yes
  • Location Tax and Legal:Tax Annual Amount: 6985.0
  • General Property Information Above Grade Finished Area: 1800.0
  • General Property Information Below Grade Finished Area: 1800.0
  • Utilities Electricity Connected: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1800.0

Exterior Features

  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Schools

  • Junior High Dist: New Paltz Central

Lot Info

  • Lot Size Sq Ft: 91476.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 388909400200040100000000

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6985.0
  • Tax Block: 4
  • Tax Lot: 10

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $495,000 +900.0% $275 / Sq Ft
04/22/2025 04/22/25 For Sale $49,500 -- $28 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20251011

Hudson Valley Catskills Region Multiple List Service
New York Ulster County New Paltz 12561

232 New York 32, New Paltz, NY

This home is located at 232 New York 32, New Paltz, NY 12561 and is currently priced at $495,000, approximately $275 per square foot. This property was built in 1900. 232 New York 32 is a home located in Ulster County with nearby schools including Duzine Elementary School, Lenape Elementary School, and New Paltz Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jason Schobert
Listing Agent
Jason Schobert
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eXp Realty, LLC
(845) 444-3592