Date
Details
Price
Change
Source
4/22/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$475,000 Sale Pending
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Property Description
Excellent Investment Opportunity - Fully Occupied 3-Family with Expansion Potential This income-generating 3-family property is fully occupied and currently bringing in 4,350 per month, with tenants responsible for all utilities. The building features two 1-bedroom units and one 2-bedroom unit, with an unfinished 4th unit that offers excellent potential for added value. The entire floor is included in the tax-recorded square footage and can be reconverted into a legal unit with the proper permits-unlocking even more income potential. Highlights include a durable metal roof, ample off-street parking with space for more vehicles than needed, and a solid rental history. While the exterior could benefit from some TLC, the property offers strong bones and immediate cash flow. The current rent roll is below market, leaving room for future rent increases and higher returns.
Full Property Details
Full Property Details for 236 State Route 32 S
General
- Price: $475,000
- Taxes: $6,824
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 851301
- Updated: 10/15/2025
- Added to Site: 271 day(s) ago
Interior
- Interior Features: Other
Location
- County: Ulster County
- Driving Directions: Take 32 south from village a few miles and the property will be on your left
School Information
- High School District: New Paltz
- Elementary School: Duzine
- Middle School: New Paltz Middle School
- High School: New Paltz Senior High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric, Other
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement
- Year Built: 1900
Lot Features
- Lot Size (Acres): 1.06
- Lot Size (Sq. Ft.): 46,174
Financial Considerations
- Tax Amount: $6,824.85
Disclosures and Reports
- Special Conditions: None
- Property ID: 3889-094.002-0004-008.000-0000
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— 236 State Route 32 S —
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Schools
Schools serving 236 State Route 32 S
School District:New Paltz Central School District
| Name | Grades | Distance |
|---|---|---|
Lenape Elementary School 1 Eugene L Brown Drive, New Paltz, NY 12561 | 3-5 | 0.7 mi |
Duzine School 31 Sunset Ridge, New Paltz, NY 12561 | K-2 | 3 mi |
New Paltz Middle School 196 Main Street, New Paltz, NY 12561 | 6-8 | 2 mi |
New Paltz Senior High School 134 South Putt Corners Road, New Paltz, NY 12561 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 236 State Route 32 S
Estimate the Cost
Estimate the Cost for 236 State Route 32 S
236 State Route 32 S, New Paltz, NY 12561 (MLS# 851301) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 236 State Route 32 S is currently listed for $475,000 and was received on April 22, 2025. Want to learn more about 236 State Route 32 S? Do you have questions about finding other Multi-Family real estate for sale in New Paltz? You can browse all New Paltz real estate or contact a Coldwell Banker agent to request more information.