222 Main Street
$849,000
—
2,141
2,141
$397
Description
Opportunity to develop the best remaining Main Street lot in New Paltz! This offering includes two adjacent lots, totaling 0.64 acres, on the corner of Main Street and Joalyn Road in central New Paltz. The larger lot (SBL #86.42-4-5) is located in the Village of New Paltz and enjoys high-density B2 mixed-use zoning. The zoning allows 85 pct. lot coverage, with zero front yard setbacks and a 3-story building up to 40 feet at the roof peak. The adjacent corner lot (SBL #86.12-1-1) is in the Town of...Opportunity to develop the best remaining Main Street lot in New Paltz! This offering includes two adjacent lots, totaling 0.64 acres, on the corner of Main Street and Joalyn Road in central New Paltz. The larger lot (SBL #86.42-4-5) is located in the Village of New Paltz and enjoys high-density B2 mixed-use zoning. The zoning allows 85 pct. lot coverage, with zero front yard setbacks and a 3-story building up to 40 feet at the roof peak. The adjacent corner lot (SBL #86.12-1-1) is in the Town of New Paltz and can potentially be merged with the primary lot through an annexation process, maximizing development potential. The corner location of the combined lot provides access to rear parking from Joalyn Road, allowing development along the entire 150 feet of Main Street frontage. Outstanding visibility from 19,000 passing vehicles per day, combined with rare on-site parking, make this an excellent location for ground-floor commercial tenants. Floors 2, 3, and the rear portion of the ground floor can be developed as apartments. There is tremendous unmet demand for residential housing in New Paltz, with outstanding income potential. It is important to note that the main lot is currently improved with a 2,141 square foot wellness-oriented office building. The building includes 10 treatment rooms, along with many bathrooms and utility rooms with sinks. Current parking for approximately 20 vehicles. A buyer could occupy this building for their own use or lease the space out to individual wellness practitioners. This leasing strategy would help to carry the property expenses while development plans are approved. You will not find a better development site in New Paltz!
- Listed by Matthew Eyler • New Paltz PropertiesP: (845)-417-8300 C: (845)-417-8300 matteyler@yahoo.com
Amenities
- Corner Lot
- Development Site
- Front Yard
- Ground Floor
- On-site Parking
LISTING UPDATED: 10/11/2024 12:56 PM
Property Details for 222 Main Street
Status | Active |
---|---|
MLS # | 20244183 |
Days on Market | 37 |
Taxes | $17,197 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Commercial Sale / Office |
Year Built | 1970 |
Lot Size | 0.64 AC / 27,878 SF |
County | Ulster County |
Building Information for 222 Main Street
Stories1Residences10Year Built1970Lot Size0.64 AC / 27,878 SF
Property Information for 222 Main Street
Public Records for 222 Main Street
Taxable ValueLand$34,200Additions$341,100Total$375,300
Home Facts
Total Finished SqFt2,141 SqFtAbove Grade Finished SqFt2,141 SqFtStories1Lot Size17,860 SqFtStyleOffice BuildingYear Built1970ZoningB1CountyULSTERAPN513801 86.42-4-5
Schools near 222 Main Street
This home is within New Paltz Central School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Duzine School PublicPK to 2 | ||
Lenape Elementary School Public3 to 5 | ||
New Paltz Middle School Public6 to 8 | ||
New Paltz Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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