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Financial
Distress signals
Property profile

40 Sunset Ridge Rd New Paltz, NY 12561

FOR SALE
Office buildings
Property ID
US63-1303266
4,690 SF 3 ac lot Built 1970
Last sale Dec 2015 · $555,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story, six-unit office building constructed in 1970, with approximately 9,380 total square feet and about 8,753 net rentable square feet. It is configured into multiple office suites, creating a flexible layout suitable for professional office uses. The building is situated along the New Paltz commercial corridor and is located approximately 1.5 miles from the Village of New Paltz, about 2 miles southwest of Duzine Elementary School, and roughly 2 miles from New York State…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$713k
Assessed land$133k
Assessed improvement$580k

Value estimate

· Oct 2026
$525k
$473k – $578k
AI approach$325k
Submarket $/SF estimate$645k
NOI build-up
Gross scheduled income$281k
Vacancy & credit loss−$36k
Operating expenses−$61k
NOI · 23.06% cap applied$184k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
County average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$89 – $198

Cap rate analysis

How does the asset earn?
23.06%
$184k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R1
JurisdictionULSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office13.6
Building Supply11.1
Auto Parts Store10.9

Location

40 Sunset Ridge Rd New Paltz, NY 12561
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14-18 Plattekill, New Paltz, NY 12561 $865,000 Sep 2024 1,886 SF
15 Plattekill, New Paltz, NY 12561-1915 $550,000 Jan 2024 1,888 SF
1 Paradies, New Paltz, NY 12561-4031 $685,000 Jul 2021 5,454 SF
106-108 Main, New Paltz, NY 12561 $727,500 Nov 2020 4,680 SF
13 Plattekill, New Paltz, NY 12561 $1,660,000 Jan 2019 3,556 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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