39 N Chestnut St New Paltz, NY 12561

Building Details

Year Built

1890

Listing office eXp Realty J***@stevensrealtygrp.com Show Phone

Listing date May 21, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

Located in the Village of New Paltz, this 1890 brick Victorian triplex at 39 N Chestnut St offers a multifamily property with a total of 3,273 square feet. The property contains three separate units. The first floor features a 2-bedroom apartment with an additional flex room, generating $3,300 per month. The second-floor unit is a 3-bedroom apartment with a monthly rental income of $2,625. The third-floor unit is a 4-bedroom apartment generating $3,000 per month. The total monthly rental income is $8,925, equating to $107,100 annually. A new roof was installed in 2025. Tenants are responsible for their own heat and electric. Off-street parking is available at the rear, along with a detached garage. The property is less than a 10-minute walk to SUNY New Paltz Campus, minutes to the Village’s shops, restaurants, and amenities, approximately one minute to the Rail Trail, and an 8-minute walk to the Trailways bus station.

Key Highlights

• High Rental Income: Generates $8,925 monthly ($107,100 annually)
• Prime Location: Highly desirable, walkable area in the Village of New Paltz
• Multi‑Family Income Property: Well‑maintained triplex offering opportunity for owner‑occupancy or investment

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FAQs

What type of property is this?

Triplex - Charming 1890 brick triplex near SUNY New Paltz campus.

Where is this triplex located?

The property is located at 39 N Chestnut St New Paltz, NY.

What is the asking price?

The asking price for this property is $1,199,999.

What are key features of this property?

This property features: High Rental Income: Generates $8,925 monthly ($107,100 annually); Prime Location: Highly desirable, walkable area in the Village of New Paltz; Multi‑Family Income Property: Well‑maintained triplex offering opportunity for owner‑occupancy or investment