403 Main Street, New Paltz, NY 12561

$3,949,000

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List Price
$3,949,000
Status
ACTIVE
Days on Market
230
Price Change
▼ $1,000 1774147614
MLS#
856424
Subtype
Land
Lot Size
518,364
Acres
11.90
Neighborhood
New Paltz

Property Description

Second Chance Opportunity. Resubmit Offers. Buyer did not perform. Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly positioned to accommodate your vision for a dream apartment complex or a dynamic mixed-use residential development. Located just a short, pleasant stroll from the charming Village of New Paltz, this vacant land offers exceptional roadside exposure off the interstate, ensuring strong visibility for any future project. Per Town of New Paltz Water department, this land already has TOWN WATER, no sewer. Enjoy close proximity to SUNY New Paltz, local shops, and vibrant surrounding towns, all of which enhance the appeal and convenience of this location. With limitless possibilities for the right project and a visionary developer, this property presents a rare opportunity to create an income-producing asset that can endure for generations. Additional documentation is available for review, including details regarding the Hidden Ridge Development Corporation’s apartment wastewater treatment plan. There is also an open permit on the land. Soil type is currently unknown. Cash buyers are invited to seize the opportunity to bring their development plans to life. The property sits at the corner of Route 299 and I-87, directly across from the interstate exit. Zoning information and allowable uses are available in the agent documents and can be provided to clients. The seller is now ready to sell—last year they were not prepared to move forward. New price, new beginnings. Resubmit all offers.

Additional Information

Taxes
$14,102
School District
New Paltz
Elementary School
Duzine
Middle School
New Paltz Middle School
High School
New Paltz Senior High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anthony DeBellis (anthony.debellis@elliman.com) from Listing Office: Douglas Elliman Real Estate.