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Four-Unit Multifamily Property
For Sale
$999,999

3 Ann Street, New Paltz, NY 12561

Residential Income, New Paltz, NY

Property SizeContact for details
Lot Size1.59 Acres
Days on Market66

Property Features for 3 Ann Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2
Parking features Driveway
Interior features Original Details, Washer/Dryer Hookup
Basement Unfinished, Full
Elementary school Duzine
Middle school New Paltz Middle School
High school New Paltz Senior High School
Elementary school district New Paltz
Middle school district New Paltz
High school district New Paltz
Standard status Active
APN 3889-078.020-0003-040.000-0000
Lot size 1.59 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14196

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Oil, Baseboard
Water source Well

Building Details

Year built 1960
Number of units 4
Building materials Frame
Listing Agency: Real Broker NY LLC
Listed By: Jorge Lugo
Added: Jun 22 Changed: Aug 20 Last Checked: Aug 26 at 10:06PM
MLS# 1016819

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 1960 frame multifamily property contains four apartments: three with two bedrooms and one with a single bedroom. One apartment has an unfinished renovation, and the renovation materials and supplies currently on site are included in the sale. Three units are vacant, allowing the next owner to determine occupancy and leasing plans. Interior features include original details and washer/dryer hookups. The property is served by a well and septic tank, with oil baseboard heating, cable availability, and driveway parking.

Located at 3 Ann Street in New Paltz, the property is minutes from SUNY New Paltz, the Village of New Paltz, restaurants, shopping, outdoor recreation, and major commuter routes. Recent improvements include a new roof and a new oil tank. The parcel encompasses 1.59 acres in Ulster County.

Key Highlights

  • Four apartments: three 2‑bedroom units and one 1‑bedroom unit
  • Three of the four units are currently vacant
  • Unfinished apartment renovation with materials and supplies included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Apartments include three two-bedroom layouts and one one-bedroom layout, with renovation materials included on site.
Where is this quadplex located?
The property is located at 3 Ann Street 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 apartments: three 2‑bedroom units and one 1‑bedroom unit; Three of the four units are currently vacant; Unfinished apartment renovation with materials and supplies included
More about this property
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