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Prime Land Near New Paltz

403 Main St, New Paltz, NY 12561

For Sale
$3,700,000

11.9-acre parcel ideal for apartment or mixed-use development.

Property SizeContact for details
Lot Size11.90 Acres
Days on Market251

Property Features for 403 Main St

General Information

Standard status Active
Lot size 11.90 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $14,102
Listing Agency: Katonah
Listed By: Anthony DeBellis · License NY 30DE1045788
Source: Elliman
Added: Mar 5 Changed: Oct 29 Last Checked: Nov 10 at 9:07AM

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 Katonah

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Investment Insights

Based on property information with market context.

This 11.9-acre parcel presents an opportunity for developing an apartment complex or a mixed-use residential development. The vacant land is located a short distance from the Village of New Paltz, offering roadside exposure off the interstate. The location provides proximity to SUNY New Paltz, local shops, and surrounding towns. The property is positioned at the corner of Route 299 and I-87, directly across from the interstate exit. Additional documentation is available for review, including details regarding the Hidden Ridge Development Corporation’s apartment wastewater treatment plan. There is also an open permit on the land. Zoning information and allowable uses are available.

Key Highlights

  • Prime 11.9‑acre parcel suitable for apartment complex or mixed‑use residential development.
  • Excellent roadside exposure off the interstate (I‑87) at the corner of Route 299.
  • Close proximity to the Village of New Paltz, SUNY New Paltz, and local shops.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Dental Office Auto Repair Shop Electrical 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.

Location Intelligence

Trade Area within ½ mile

429
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 11.9-acre parcel ideal for apartment or mixed-use development.
Where is this residential land & home lot located?
The property is located at 403 Main St New Paltz, NY.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Prime 11.9‑acre parcel suitable for apartment complex or mixed‑use residential development.; Excellent roadside exposure off the interstate (I‑87) at the corner of Route 299.; Close proximity to the Village of New Paltz, SUNY New Paltz, and local shops.
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