403 Main Street, New Paltz, NY 12561

$3,949,000

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List Price
$3,949,000
Price Change
▼ $1,000 1774147614
Days on Market
233
MLS#
856424
Status
ACTIVE
Lot Size
518364

Property Description

Second Chance Opportunity. Resubmit Offers. Buyer did not perform. Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly positioned to accommodate your vision for a dream apartment complex or a dynamic mixed-use residential development. Located just a short, pleasant stroll from the charming Village of New Paltz, this vacant land offers exceptional roadside exposure off the interstate, ensuring strong visibility for any future project. Per Town of New Paltz Water department, this land already has TOWN WATER, no sewer. Enjoy close proximity to SUNY New Paltz, local shops, and vibrant surrounding towns, all of which enhance the appeal and convenience of this location. With limitless possibilities for the right project and a visionary developer, this property presents a rare opportunity to create an income-producing asset that can endure for generations. 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. Soil type is currently unknown. Cash buyers are invited to seize the opportunity to bring their development plans to life. The property sits at the corner of Route 299 and I-87, directly across from the interstate exit. Zoning information and allowable uses are available in the agent documents and can be provided to clients. The seller is now ready to sell—last year they were not prepared to move forward. New price, new beginnings. Resubmit all offers.

Additional Information

School District
New Paltz
Elementary School
Duzine
Middle School
New Paltz Middle School
High School
New Paltz Senior High School
Total Taxes
14102
Sewer
Septic Tank
Taxes
$14,102

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Listing courtesy of Listing Agent: Anthony DeBellis (anthony.debellis@elliman.com) from Listing Office: Douglas Elliman Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.