234 State Route 32 S New Paltz, NY 12561
Estimated payment $2,797/month
Total Views
9,989
--
Bed
--
Bath
--
Sq Ft
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Price per Sq Ft
About This Home
Turn-Key Investment Opportunity in New Paltz! Fully occupied and income-producing, this well-maintained 2-family property is a prime addition to any investor's portfolio. Located in the heart of New Paltz with low taxes, this property features two spacious 2-bedroom, 1-bath units, each offering 1,138 sq ft of comfortable living space. Both units are occupied by long-term tenants — one for 7 years — currently generating 1,650 and 1,400/month, with tenants responsible for all utilities. That's 3,050/month in rental income with room to grow, as current rents are below market value — comparable 2-bedroom rentals in the area are averaging around 2,000/month. Additionally, the property includes a concrete block shed, offering further income potential through storage rental or other creative uses.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,004
Year Built
- Built in 1900
Home Design
- Duplex
- Frame Construction
Schools
- Duzine Elementary School
- New Paltz Middle School
- New Paltz Senior High School
Utilities
- No Cooling
- Baseboard Heating
- Well
- Septic Tank
Additional Features
- Main Floor Bedroom
- Basement Fills Entire Space Under The House
- 1.2 Acre Lot
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 3889-094.002-0004-009.000-0000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,879 | $200,300 | $106,100 | $94,200 |
| 2023 | $7,817 | $200,300 | $106,100 | $94,200 |
| 2022 | $7,475 | $200,300 | $106,100 | $94,200 |
| 2021 | $7,475 | $200,300 | $106,100 | $94,200 |
| 2020 | $12,656 | $200,300 | $106,100 | $94,200 |
| 2019 | $6,729 | $200,300 | $106,100 | $94,200 |
| 2018 | $1,965 | $200,300 | $106,100 | $94,200 |
| 2017 | $1,898 | $200,300 | $106,100 | $94,200 |
| 2016 | $6,839 | $200,300 | $106,100 | $94,200 |
| 2015 | -- | $200,300 | $106,100 | $94,200 |
| 2014 | -- | $200,300 | $106,100 | $94,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $389,000 | 0.0% | -- |
| 08/01/2025 08/01/25 | Off Market | $389,000 | -- | -- |
| 04/22/2025 04/22/25 | For Sale | $389,000 | -- | -- |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,950 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Similar Homes in New Paltz, NY
Source: OneKey® MLS
MLS Number: 851293
APN: 3889-094.002-0004-009.000-0000
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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