$475,000

236 State Route 32 S New Paltz, NY 12561

Estimated payment $3,192/month

Total Views 9,797
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Excellent Investment Opportunity - Fully Occupied 3-Family with Expansion Potential This income-generating 3-family property is fully occupied and currently bringing in 4,350 per month, with tenants responsible for all utilities. The building features two 1-bedroom units and one 2-bedroom unit, with an unfinished 4th unit that offers excellent potential for added value. The entire floor is included in the tax-recorded square footage and can be reconverted into a legal unit with the proper permits—unlocking even more income potential. Highlights include a durable metal roof, ample off-street parking with space for more vehicles than needed, and a solid rental history. While the exterior could benefit from some TLC, the property offers strong bones and immediate cash flow. The current rent roll is below market, leaving room for future rent increases and higher returns.

Listing Agent

Jason Schobert

eXp Realty License #10401343949 Listed on: 04/22/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,825

Year Built

  • Built in 1900

Home Design

  • Triplex
  • Colonial Architecture
  • 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

  • Basement Fills Entire Space Under The House
  • 1.06 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3889-094.002-0004-008.000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,825

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Year Built: 1900
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric, Other
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: New Paltz Middle School

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Sq Ft: 46174
  • Parcel Number: 3889-094.002-0004-008.000-0000
  • Property Attached: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 6824.85
  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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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 For Sale $475,000 -- --
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 851301

OneKey® MLS

New York Ulster County New Paltz 12561

236 State Route 32 S, New Paltz, NY

This home is located at 236 State Route 32 S, New Paltz, NY 12561 and is currently priced at $475,000. This property was built in 1900. 236 State Route 32 S is a home located in Ulster County with nearby schools including Lenape Elementary School, Duzine Elementary School, and New Paltz Middle School.

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Information is deemed reliable but not guaranteed.
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Jason Schobert
Listing Agent
Jason Schobert
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eXp Realty
(845) 448-2959