1-3 Water ST new Save Request In-Person Tour Request Virtual Tour
New Paltz,NY 12561
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $922
MLS Listing ID 20251349
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1965
Annual Tax Amount $13,874
Tax Year 13874
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Mixed Use
Property Description
Location, Opportunity, and Unlimited Potential! Welcome to 1-3 Water Street - a rare chance to own the most iconic mixed-use property in New Paltz/Hudson Valley. This 4,260 sqft building is set on a prime .22-acre lot with direct river frontage on the Wallkill River, offering unbeatable visibility, endless foot traffic, and direct access to the Rail Trail and River-to-Ridge Trail.
This location could not be better: just steps to Water Street Market, surrounded by shops, restaurants, and all that downtown New Paltz has to offer. A brand-new boutique hotel is currently being built next door, ensuring even greater traffic and exposure for years to come.
The property features a fully remodeled ground-floor commercial space, ideal for attracting both local clientele and year-round tourist business. Upstairs, you'll find two residential apartments - a spacious 4-bedroom unit and a 2-bedroom unit - both sharing an expansive deck with breathtaking views of the Wallkill River and the Shawangunk Ridge.
This offering includes not just the building lot, but also a separate, buildable .41-acre lot across the street - currently used for parking & sculpture garden but, offering tremendous potential for future development.
With riverfront access, incredible exposure, and unmatched location, the future of New Paltz is here. Own a true piece of the Village - the possibilities are endless!
Location
State NY
County Ulster
Area New Paltz
Zoning GT
Interior
Cooling Wall Unit(s)
Others
Tax ID 380108603300030010000000