Corner Brewery and Restaurant
3 Main Street New Paltz, NY 12561
For Sale
$2,999,500
COMMERCIAL - New Paltz, NY
Property Size7,500 SF
Lot Size2.03 Acres
Price / SF$399.93
Days on Market143
Property Features for 3 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 72
- Parking features
- Driveway, Off Street, Valet
- Security features
- Security
- Standard status
- Active
- APN
- 3801-086.033-0002-007.100-0000
- Lot size
- 2.03 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 44937
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating), Forced Air
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Central Air
- Water source
- Public
- Water front features
- River Front
Building Details
- Floors in Building
- 2
- Building materials
- Advanced Framing Technique
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Nikki A Grzegorzewski · License #40GR0891718
(914) 755-8827
Added: Mar 4
Changed: Jul 13
Last Checked: Jul 25 at 4:06AM
MLS# 967284
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering features a brewery and restaurant operation at a prominent corner location, with more than 7,500 square feet of maintained interior space. The property includes expansive outdoor seating and 72 dedicated parking spaces, supporting a turnkey experience for an operator or redevelopment plan. The site is situated on approximately 2.03 acres and is presented as fully realized hospitality real estate.
Located at 3 Main Street in New Paltz, on the corner of Main Street and Huguenot Street, the property is described as a high-traffic destination and “just steps” from SUNY New Paltz. The listing notes sweeping views of the Shawangunk Mountains and highlights the area’s tourism, community activity, and ongoing downtown development. The property is identified as having mixed-use zoning, with potential for residential above retail, boutique commercial space, tasting rooms, expanded hospitality concepts, or a two-story parking structure as described in the remarks.
Located at 3 Main Street in New Paltz, on the corner of Main Street and Huguenot Street, the property is described as a high-traffic destination and “just steps” from SUNY New Paltz. The listing notes sweeping views of the Shawangunk Mountains and highlights the area’s tourism, community activity, and ongoing downtown development. The property is identified as having mixed-use zoning, with potential for residential above retail, boutique commercial space, tasting rooms, expanded hospitality concepts, or a two-story parking structure as described in the remarks.
Key Highlights
- 2.1‑acre corner lot on Main Street and Huguenot Street with river frontage and public water and public sewer.
- More than 7,500 SF of space plus expansive outdoor seating for hospitality, tasting rooms, or other mixed‑use concepts.
- Mixed‑use zoning allows residential above retail, boutique commercial, tasting rooms, expanded hospitality uses, or a two‑story parking structure.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.0k | $18.00 |
| − Vacancy | −$5.7k | −$0.76 |
| EGI | $129.3k | $17.24 |
| − OpEx | −$32.3k | −$4.31 |
| NOI | $97.0k | $12.93 |
7,500 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $96,998 @ 7.0% cap · market cap 3.23%
Second Best
Industrial
$629.1K
$550.5K – $734.0K
NOI $44,037 @ 7.0% cap · market cap 1.47%
Theoretical Best
Multifamily LT 5
$70.14M
$61.37M – $81.83M
NOI $4,909,676 @ 7.0% cap · market cap 163.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cardtronics ATM
Atm
LibertyX Bitcoin ATM
Atm
Clemson Bros. Brewery ...
Production Facility
FAQs
What type of property is this?
Brewery - Turnkey brewery/restaurant property with outdoor seating and 72 dedicated parking spaces on a prominent corner site.
Where is this brewery located?
The property is located at 3 Main Street New Paltz, NY.
What is the asking price?
The asking price for this property is $2,999,500.
What are key features of this property?
This property features: 2.1‑acre corner lot on Main Street and Huguenot Street with river frontage and public water and public sewer.; More than 7,500 SF of space plus expansive outdoor seating for hospitality, tasting rooms, or other mixed‑use concepts.; Mixed‑use zoning allows residential above retail, boutique commercial, tasting rooms, expanded hospitality uses, or a two‑story parking structure.
