17 S Chestnut St - Storefront Retail/Residential FOR SALE


New Paltz, NY 12561
$699,000 USD
845-668-6977
17 S Chestnut St, New Paltz, NY for Sale
$699,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

17 S Chestnut St
New Paltz, NY 12561


HIGHLIGHTS

  • Well-established barbershop on first floor.
  • Great investment opportunity.
  • Located right off the main road.
  • Near SUNY New Paltz.

OVERVIEW

Downstairs commercial space currently occupied by well-established barbershop tenants paying $2,463.72/month. Tenants have been operating space for the past 10-years. Lease through 1/2026. Tenants for upstairs 3-bedroom apartment pay $2,100/month, lease through 5/31/2025. Property is zoned for flexible commercial use (buyers agent to confirm with Village of New Paltz zoning). Separate electric meters for each unit; upstairs/downstairs tenants split propane and water bills. New furnace and hot water heater installed in 2023. There is a 1.5% Buyer’s Transfer Tax. Personal interest. Please send all offers/questions to Jcohen@stevensre.com. Minimum 48-hour notice required for all showings; listing agent to accompany all showings. Contact Jacob Cohen (845) 514-7786 to schedule.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

B2

APN/PARCEL ID

3801-086.033-0003-014.000-0000

ASK ABOUT THIS PROPERTY

Lindsay StevensStevens Real Estate @ eXp RealtyMore Info
845-668-6977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Lindsay StevensStevens Real Estate @ eXp RealtyMore Info
845-668-6977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.