Mixed-Use Riverfront
For Sale
Contact for pricing
1-3 Water Street, New Paltz, NY 12561
Commercial space, two rented apartments, and a separate mixed-use development parcel create a flexible downtown property configuration.
Property Size2,332 SF
Price / SF$1,069
Days on Market135
Property Features for 1-3 Water Street
General Information
Standard status
Active
Size
2,332 SF
Property subtype
Multifamily, Retail
Building Details
Year Built
1965
Units
3
Listing Agency:
eXp Realty
Listed By:
Jacob Cohen · License #10401374530
(845) 514-7786
Source:
Crexi
Added: Apr 21
Changed: Aug 31
Last Checked: Aug 31 at 1:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This mixed-use property includes a 2,332-square-foot building on a 0.22-acre parcel along the Wallkill River. The 1,208-square-foot ground-floor commercial area is vacant and equipped with new energy-efficient mini-split systems. Two residential apartments above the commercial space—a four-bedroom unit and a two-bedroom unit—are currently rented. Both apartments share access to a river-facing deck with views toward the Shawangunk Mountains.
The offering also includes a separate 0.41-acre parcel across Water Street. Currently used for parking and a sculpture garden, the additional lot is buildable and zoned for mixed-use development of up to three stories. The property is located in downtown New Paltz near Water Street Market, the Rail Trail, the River-to-Ridge Trail system, SUNY New Paltz, and the New Paltz Way Boutique Hotel.
The offering also includes a separate 0.41-acre parcel across Water Street. Currently used for parking and a sculpture garden, the additional lot is buildable and zoned for mixed-use development of up to three stories. The property is located in downtown New Paltz near Water Street Market, the Rail Trail, the River-to-Ridge Trail system, SUNY New Paltz, and the New Paltz Way Boutique Hotel.
Key Highlights
- 2,332‑square‑foot mixed‑use building on a 0.22‑acre Wallkill River parcel
- 1,208‑square‑foot vacant commercial space with new energy‑efficient mini‑split systems
- Two rented apartments with four‑bedroom and two‑bedroom layouts
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 12561, NY
18,726
Population
7,081
Households
2.6
Avg Household Size
36
Median Age
56%
College-Educated
97%
High-School Grad
60.3 sq mi
ZIP Area
311
Density / Sq Mi
$89,694
Median Household Income
$25,612
Median Earnings
$1,603
Median Rent
$411,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space, two rented apartments, and a separate mixed-use development parcel create a flexible downtown property configuration.
Where is this mixed-use property located?
The property is located at 1-3 Water Street New Paltz, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 2,332‑square‑foot mixed‑use building on a 0.22‑acre Wallkill River parcel; 1,208‑square‑foot vacant commercial space with new energy‑efficient mini‑split systems; Two rented apartments with four‑bedroom and two‑bedroom layouts
