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    87 N Chestnut St New Paltz, NY 12561

    Pending
    For Lease
    $22 SF/Yr ($3,703 /Mo)

    Retail - New Paltz, NY

    Type:Retail
    Property size:
    2,020 SF
    Lot size:
    1.40 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 87 N Chestnut St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Pending
    Zoning
    NBR-Neighborhood Business
    APN
    3801-086.026-0001-014.112-0000
    Parking features
    Off Street, On Street, Parking Lot, Unassigned
    Size
    2,020 SF
    Lot size
    1.40 Acres

    Utilities

    Heating system
    Electric (Heating), Geothermal (Heating)
    Cooling system
    Central Air, Geothermal

    Building Details

    Year built
    2021
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty (845) 928-8000 [email protected]

    Listing agent Silvio Perez lll (845) 928-8000 License #10401347944

    Listing date Sep 17, 2025

    MLS# H6268492 Listing URL

    Copyright © 2025 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.

    Overview

    New Paltz Retail Space Available

    This brand new "Class A" retail space is located in the Village of New Paltz, NY. The property has approval for a special use permit allowing a NYS licensee to open a retail cannabis dispensary. The available space totals 2,020 square feet and features large black frame windows and doors. The building is Platinum LEED Certified and offers an attractive setting for pedestrians, complete with a sculpture, benches, and architectural street lamps. Situated on Route 32 (N. Chestnut), a busy north-south highway, the property benefits from high visibility. Ample parking is available in the adjacent lot and on the street in front of the building, with several EV charging stations for customers. The space is in white box condition, ready for tenant buildouts. Cooling, heating, and lighting utilities are available. This is the last commercial space available in the building, located on a 1.4-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dry Fly Coffee ... Coffee Shop Second Nature Refillery Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Paltz
    County
    Ulster
    State
    New York
    Longitude
    -74.0847426
    Latitude
    41.7540675

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    FAQs

    What type of property is this?
    Retail property - Brand new retail space in New Paltz, ready for buildout.
    Where is this retail property located?
    The property is located at 87 N Chestnut St New Paltz, NY.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - APPROVED CANNABIS DISPENSARY - Special use permit in place for a NYS licensed retail cannabis dispensary.; - BRAND NEW "CLASS A" RETAIL SPACE in the Village of New Paltz, NY.; - Platinum LEED Certified building.
    (845) 928-8000
    Request Owner's contact information
    87 N Chestnut St New Paltz, NY 12561
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    New Paltz, NY 12561
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    87 N Chestnut St New Paltz, NY 12561
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