53 Main Street New Paltz, NY 12561
Located in the center of New Paltz, a thriving tourist and college town. Two commercial spaces; restaurant and retail sales on first floor. Two 4 bedroom apartments on second floor. Restaurant (Zaytune Cafe) has very good reviews for Mediterranean food, and Heddy Teddy is a successful clothing/gift shop. Zaytune has 5 year lease (6/21 to 5/26) w/ renewal option for additional 5 years. Zaytune pays $3, 860 as of June 2023). Heady Teddy is in second year of a 5 year renewal, and pays $3, 675 per month. Tenants on second floor (2 apartments) pay $3, 055 and $3, 180 for a total of $6, 235 per month. Building total rent is $13, 860 per month or $166, 320 per year. Excellent location, high visibility.
- Property TypeCommercial
- NeighborhoodN/A
- CountyUlster
- Taxes$20,100
- HOA/Condo/Coop Fees$0
- Days on Site354 Days
- MLS StatusActive
- MLS ID NumberH6259949
- Home Size Source N/A
- Year Built1894
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Water Public
- Zoning B2
- Property Sub Type Retail
Interior Features
- Cooling ZonedWindow Unit(s)
- Heating OilBaseboardHot Water
Community Features
- Township New Paltz