54-58 Main Street
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54-58 Main Street
4 Properties Offered at £7,394,153 in New Paltz, NY
Investment Highlights
- 4 Separate Main Street buildings plus 3 standalone garage sheds. Comes with the largest privately owned parking lot in the village.
- Surrounded by numbers of restaurants, cute stores and great nightlife.
- Public Transportation - Trailways Bus Station is an easy 4 min walk away. 90 min to NYC.
- Heavy foot traffic. Center of downtown New Paltz. Close proximity to SUNY New Paltz - 3 min walk to campus.
- Large compound including a 4 story, 5 bedroom, 5.5 bath brownstone style residence with spa and roof deck.
- Beautiful view of Shawangunk Ridge. Unobstructed & partial views from most residential units.
Executive Summary
Own a piece of history in Downtown New Paltz! This listing includes 4 separate buildings and a largest privately owned parking lot in center of downtown New Paltz (village). The current owner has renovated great deal of 3 historical buildings (56, 58, 58 West Wing Main Street - all built in 1890s - 1900s) and updated extensively to include 13 residential apartment units and 5 commercial units. Residential units are always on high demand among SUNY New Paltz students and young adults, considering close proximity to SUNY New Paltz campus. All of the current commercial tenants are well established in New Paltz community. 54 Main Street is a four story, 3800 sqft brownstone style building with a 1000sqft full unfinished basement and 500sqft finished roof deck. The residence has 5 bedrooms, 5.5 bathrooms and 2 separate entrances which can be configured as 1 or 2 independent units. On 1st floor, you will find a fully updated kitchen, living room, and 2 bedrooms with en-suite bathrooms. 2nd floor, you will find a guest room, bathroom with steam shower, and a 600sqft master bedroom with a 90sqft walk in closet and 200sqft exercise room. 3rd floor open concept living room/kitchen offers a magnificent view of Shawangunk ridge, skytop and Mohonk preserve. You will also find a 1/2 bath and a 3rd bedroom/office on the 3rd floor. Roof level offers a brand-new spa consisting of beautiful Swedish dry sauna, steam sauna & shower, a 1/2 bath, and relaxing lounge area with fully functioning kitchen. From there, unobstructed amazing view of Mohonk preserve is reserved just for you! This building is also equipped with an acorn Stairlift and fire suppression sprinkler system. Parking lot is currently consisting of 35 spaces with 3 garage sheds. 13 reserved spaces, 2 handicap spaces and 17 open spaces for tenants and customers. The lot is unique in that it can accommodate an additional, 3 floor, mixed use building with a 2500sqft/floor footprint.
Property Facts
| Price | £7,394,153 | Number of Properties | 4 |
| Price / SF | £352.10 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 21,000 SF |
| Status | Active | Total Land Area | 1.84 AC |
| Price | £7,394,153 |
| Price / SF | £352.10 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 21,000 SF |
| Total Land Area | 1.84 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 1
58 Main St, New Paltz, NY 12561 |
Retail | 4,500 SF | 1893 | - |
|
Building 3
54 Main St, New Paltz, NY 12561 |
Residential | 4,500 SF | 2005 | - |
|
Building 2
58 Main St, New Paltz, NY 12561 |
Retail | 3,000 SF | 1900 | - |
|
Building 4
56 Main St, New Paltz, NY 12561 |
Retail | 9,000 SF | 1900 | - |
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54-58 Main Street
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