$5,300,000
$700K PRICE DROP

403 Main St New Paltz, NY 12561

Estimated payment $30,016/month

Total Views 64,848
11.9 Acres
$445,378 Price per Acre
518,364 Sq Ft Lot

About This Lot

Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly poised to fulfill your vision for the ultimate dream apartment complex or a dynamic mixed-use residential development. Located within a short, pleasant stroll from the charming village of New Paltz, this vacant land boasts exceptional roadside exposure off the interstate, ensuring your project's visibility. Enjoy proximity to SUNY New Paltz, local shops, and vibrant towns, further enhancing the allure of this location. With limitless possibilities awaiting the right project and visionary developer, you can create a lasting income stream for generations to come. Additional documentation is readily available for your perusal, including details on the Hidden Ridge Development Corporation's apartment wastewater treatment plan. While there is an open permit for asbestos on the land, it is being sold AS-IS, making it a rare and unique investment opportunity. Cash buyers are invited to seize this chance to bring their dreams to life. Don't miss out on this exceptional opportunity!

Listing Agent

Anthony DeBellis

Douglas Elliman Real Estate Brokerage Phone: (914) 232-3700 License #30DE1045788 Listed on: 01/11/2022

Douglas Elliman Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,330

Lot Details

  • 11.9 Acre Lot
  • Corner Lot
  • Level Lot

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3889-086.012-0005-003.200-0000

Property Details

Property Type

Land

Est. Annual Taxes

$14,330

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Attribution Contact: (914) 232-3700
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Country Road, Interstate

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Over 500 Feet
  • GarbageRemoval: Private

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: New Paltz Middle School

Lot Info

  • Lot Size Acres: 11.9
  • Lot Size Area: 11.9
  • Lot Size Sq Ft: 518364
  • Lot Size Units: Acres
  • Lot Features: Level, Corner Lot
  • Parcel Number: 3889-086.012-0005-003.200-0000
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres
  • ExtraLandAvailableYN: 0

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 14330
  • Tax Map Number: 3889-086.012-0005-003.200-0000

MLS Schools

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

Map

Range of Values:

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ICE

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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

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 $11,800 $300,000 $261,500 $38,500
2023 $13,143 $300,000 $261,500 $38,500
2022 $13,625 $300,000 $261,500 $38,500
2021 $13,625 $300,000 $261,500 $38,500
2020 $20,654 $300,000 $261,500 $38,500
2019 $55,658 $300,000 $261,500 $38,500
2018 $19,739 $300,000 $261,500 $38,500
2017 $19,010 $300,000 $261,500 $38,500
2016 $18,511 $300,000 $261,500 $38,500
2015 -- $3,687,300 $261,500 $3,425,800
2014 -- $3,687,300 $261,500 $3,425,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Price Changed $5,300,000 +35.9% --
10/07/2023 10/07/23 For Sale $3,900,000 0.0% --
03/08/2023 03/08/23 Price Changed $3,900,000 -21.2% --
10/02/2022 10/02/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $4,950,000 -17.5% --
01/11/2022 01/11/22 For Sale $6,000,000 -- --
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: KEY6161168

OneKey® MLS

APN: 3889-086.012-0005-003.200-0000