230 New York 32
New Paltz, NY, 12561 $ 775,000
Bedrooms6 Baths5.0 Sq 2,937 Monthly Estimate*
$ 4,772
for $775,000 with 6 bedrooms and 5 full baths. This 2,937 square foot home was built in 2020 on a lot size of 2.9.
An equally compelling opportunity for either an owner-occupant or investor seeking a newer, efficient property with much of the heavy infrastructure already addressed. This THREE-FAMILY offers a rare combination of low-maintenance infrastructure, energy efficiency, and consistently strong rental demand. Built new in 2020, the property has also seen major system upgrades including a new septic system (2020), new well (2022), water treatment/filtration systems, and a resurfaced driveway (2026). The building includes three well-planned apartments: a 2-bed, 1-bath 1st floor unit, a 1-bed, 1-bath 2nd floor unit with private deck, and a 3-bed, 2.5 bath unit occupied by the same excellent tenants for the past six years. All three apartments include in-unit washers/dryers, dishwashers, and efficient Mitsubishi mini-split systems providing both heat and A/C. Units 1 + 2 also feature HP HWHs, helping keep utility charges modest for tenants. Designed with both livability and practicality in mind, the apartments appeal equally to professionals, students, and long-term renters. Outdoor space, ample parking, and a setting slightly removed from the road contribute to the property's quiet, easy feel, while proximity to the Village of New Paltz, SUNY NP, the rail trail, NYS Thruway, Rosendale, Kingston, and the Gunks continues to support strong occupancy and very low vacancy history. This is a solid investment from every point of view.
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FeaturesGeneralSewer Septic Tank
Heating Ductless Electric
Cooling Ductless
Utilities Electricity Connected
Appliances Washer Refrigerator Range Microwave Dryer Dishwasher
Zoning R1
Architectural Style Other
Year Built 2020
Township New Paltz
Levels Two
Property Subtype Triplex
County Ulster
New Construction false false
Property Type Residential Income
HOA false
Attached Garage false
Garage Y/N false
Status Active
City New Paltz
Senior Community Y/N false
High School District New Paltz Central
Number Of Units Total 3
MLS Area New Paltz
Lot Size Units Acres
Lot Size Square Feet 126324
Tax Annual Amount 18225
MLS Area Minor New Paltz
Standard Status Active
Tax Assessed Value 449200
Tax Lot 8
Legal Description 3889-078.020-0003-008.000-0000
Senior Community false
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InteriorBasement Crawl Space
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 2937
Laundry Features In Unit
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 5
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ExteriorParking Features On Site
Water Source Well
Lot Size Area 2.9
Building Area Total 2937
Lot Size Acres 2.9
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* Excluded FeaturesList ByCompass Greater New York, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,772
- Monthly Property Taxes
- $1,519
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in New Paltz, NY
Average List Price $669,167
Percent of Sale Price 14%
About New Paltz, NY 14,065 Population
10% Since 2002
$ 72,398 Median Income
27.93 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $775,000 | | Listed Price |