Fourplex with Mixed Unit
For Sale
$999,999
3 Ann St, New Paltz, NY 12561
Four-unit multifamily with three 2-bedroom apartments and one 1-bedroom, including recent roof and oil tank replacement.
Property Size5,131 SF
Days on Market49
Property Features for 3 Ann St
General Information
Standard status
Active
Size
5,131 SF
Property subtype
Investment
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$14,195
Building Details
Building Size
5,131 SF
Year Built
1960
Units
4
Tenancy
Multi
Listing Agency:
REAL BROKER NY LLC
(845) 857-8740
Listed By:
Jorge Lugo
(845) 857-8740
Source:
Elliman
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 10:33AM
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 REAL BROKER NY LLC
Investment Insights
Based on property information with market context.
This fourplex includes three 2-bedroom apartments and one 1-bedroom apartment. Three of the four units are currently vacant by design, giving the next owner flexibility to occupy a unit and/or bring tenants on schedule. One apartment renovation remains unfinished, and the sale will include renovation materials and supplies currently on-site to support completion.
The property is located at 3 Ann Street in New Paltz, with access described as being just minutes from SUNY New Paltz, the Village of New Paltz, restaurants, shopping, outdoor recreation, and major commuter routes. WalkScore is listed as 86 (very walkable) and BikeScore as 52 (bikeable).
From a tenant and operator perspective, the mix of unit sizes can accommodate different household needs while the current vacancy positions the property for a tailored leasing plan. The combination of recent capital improvements, including a new roof and a new oil tank, and the included renovation materials may help reduce near-term hurdles associated with getting units fully ready. An in-person tour is recommended to review the size, layout, and condition of each apartment.
The property is located at 3 Ann Street in New Paltz, with access described as being just minutes from SUNY New Paltz, the Village of New Paltz, restaurants, shopping, outdoor recreation, and major commuter routes. WalkScore is listed as 86 (very walkable) and BikeScore as 52 (bikeable).
From a tenant and operator perspective, the mix of unit sizes can accommodate different household needs while the current vacancy positions the property for a tailored leasing plan. The combination of recent capital improvements, including a new roof and a new oil tank, and the included renovation materials may help reduce near-term hurdles associated with getting units fully ready. An in-person tour is recommended to review the size, layout, and condition of each apartment.
Key Highlights
- Four‑unit multifamily built in 1960 with three 2‑bedroom apartments and one 1‑bedroom unit
- Three apartments currently vacant by design, offering flexibility for establishing rents, selecting tenants, or occupying a unit
- Recent capital improvements include a new roof and a new oil tank
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
93
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily with three 2-bedroom apartments and one 1-bedroom, including recent roof and oil tank replacement.
Where is this quadplex located?
The property is located at 3 Ann St New Paltz, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Four‑unit multifamily built in 1960 with three 2‑bedroom apartments and one 1‑bedroom unit; Three apartments currently vacant by design, offering flexibility for establishing rents, selecting tenants, or occupying a unit; Recent capital improvements include a new roof and a new oil tank
