Brewery Property with Outdoor
For Sale
$2,999,500
3 Main Street, New Paltz, NY 12561
Mixed-use zoning and dedicated parking support a range of hospitality and commercial configurations.
Property Size7,476 SF
Lot Size2.10 Acres
Price / SF$401.22
Days on Market235
Property Features for 3 Main Street
General Information
Standard status
Active
Size
7,476 SF
Class
A
Total Parking Spaces
72
Lot size
2.10 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Patio
Yes
Taxes and HOA fees
Annual Taxes
$44,937
Building Details
Building Size
7,476 SF
Buildings
1
Stories
2
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Nikki A Grzegorzewski · License #40GR0891718
(914) 755-8827
Source:
Croninreale
Added: Mar 4
Changed: Oct 23
Last Checked: Oct 23 at 4:30PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This brewery property occupies a 2.1-acre corner at Main Street and Huguenot Street in New Paltz. The site includes outdoor seating and 72 dedicated parking spaces, with mixed-use zoning. The property is near SUNY New Paltz and offers views of the Shawangunk Mountains.
The location is minutes from Exit 18 of the New York State Thruway and is described as approximately 90 minutes from both New York City and Albany. Nearby destinations include the university, local hiking and cycling routes, and downtown hospitality and commercial projects.
The location is minutes from Exit 18 of the New York State Thruway and is described as approximately 90 minutes from both New York City and Albany. Nearby destinations include the university, local hiking and cycling routes, and downtown hospitality and commercial projects.
Key Highlights
- 2.1‑acre corner at Main Street and Huguenot Street
- 72 dedicated parking spaces
- Outdoor seating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,687
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,933,740
$1.9M
Cap Rate 7%
$1,381,243
$1.4M
Cap Rate 9%
$1,074,300
$1.1M
Market Conditions
NOI Build-Up for 7,476 SF
Gross rent
$134.6K $18.00/SF
− Vacancy
−$5.7K −$0.76/SF
EGI
$128.9K $17.24/SF
− OpEx
−$32.2K −$4.31/SF
NOI
$96.7K $12.93/SF
Area
Ulster County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,933,740
Cap Rate 7%
$1,381,243
Cap Rate 9%
$1,074,300
Alternative Uses
Best Use
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,687 @ 7.0% cap · market cap 3.22%
Second Best
Industrial
$627.1K
$548.7K – $731.6K
NOI $43,896 @ 7.0% cap · market cap 1.46%
Theoretical Best
Multifamily LT 5
$69.91M
$61.17M – $81.57M
NOI $4,893,965 @ 7.0% cap · market cap 163.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Brewery - Mixed-use zoning and dedicated parking support a range of hospitality and commercial configurations.
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 at Main Street and Huguenot Street; 72 dedicated parking spaces; Outdoor seating
