135 North Chestnut

135 North Chestnut Street, New Paltz, NY 12561

  • For Sale $2,600,000
  • Property Type Industrial - Manufacturing
  • Property Size 6,840 SF
  • Units 1
  • Lot Size 1.42 Acre
  • Property Tenancy Single Tenant
  • Year Built 1980
  • Year Renovated 2020
  • Date Updated Apr 25, 2024
  • HVAC None
Discover the vibrant New Paltz Village market, rich with a diverse array of dining, shopping, and entertainment options. Enjoy the picturesque views of the Hudson Valley while exploring the local art galleries, boutique stores, and charming cafes. For the outdoor enthusiast, take advantage of nearby hiking trails, wineries, and orchards. The area is also home to prestigious educational institutions, creating a dynamic and intellectual atmosphere. With its prime location, the property offers unparalleled accessibility to the area's amenities, making it an ideal investment for office and office building investors seeking to capitalize on the energy and allure of New Paltz Village.Introducing a prime investment opportunity in the heart of New Paltz Village offered at an amazing 9.45% cap rate. This exceptional 6,848 SF office building, fully renovated in 2022, boasts a prime location and single tenant net lease. Zoned NRB - Neighborhood Business Residential. Its strategic positioning in the sought-after New Paltz Village This is an attractive prospect for discerning office building investors looking to capitalize on a thriving market and secure long-term returns.

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Highlights

  • - 6,840 SF building single tenant, NNN leased
  • - Strong tenant with 8 years initial term, 3% annual, two, five year renewals.
  • - Renovated in 2022
  • - New designed septic field 2023
  • - Zoned NRB - Neighborhood Business Residential
  • - Prime location in New Paltz Village area

Contacts

broker

Thomas Collins

SVN | Deegan-Collins Commercial Realty

(845) 339-9100

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City New Paltz, NY
  • Neighborhood New Paltz
  • Zip Code 12561
  • Market White Plains

Points of Interest

  • Reliable Taxi

    6.66 miles

  • West Dorsey Lane & Route 9 (CIA)

    7.91 miles

  • Poughkeepsie

    8.26 miles

  • Citgo

    0.62 miles

  • Mobil

    0.65 miles

  • Gulf

    0.70 miles

  • Sunoco

    1.31 miles

  • Mobil

    1.51 miles

  • Speedway

    3.76 miles

  • Mobil

    5.85 miles

  • Mobil

    6.59 miles

  • Speedway

    6.85 miles

  • Mobil

    7.15 miles

  • Private Parking

    0.80 miles

  • Old Main Parking Lot 1

    0.87 miles

  • Lecture Center Parking Lot 2

    0.97 miles

  • Mohonk Parking Lot 24

    1.02 miles

  • Terrace Parking Lot 4

    1.02 miles

  • Bouton Hall Parking Lot 25

    1.02 miles

  • International Programs Parking Lot 39

    1.04 miles

  • Sojourner Truth Park Parking

    1.06 miles

  • Library Parking Lot 3

    1.06 miles

  • Wallkill Parking Lot 30

    1.07 miles

  • Hokkaido

    0.56 miles

  • Huckleberry

    0.57 miles

  • Tokyo Sushi Steakhouse

    0.60 miles

  • Mexicali Blue

    0.60 miles

  • Lemongrass

    0.61 miles

  • La Charla

    0.61 miles

  • China House

    0.61 miles

  • Krishna Kitchen

    0.61 miles

  • McGillicuddy's

    0.63 miles

  • Main Street Bistro

    0.63 miles

  • Tops

    1.10 miles

  • Shoprite

    1.27 miles

  • Hannaford

    6.40 miles

  • The Warehouse Outlet

    7.10 miles

  • Hannaford

    7.16 miles

  • Stop and Shop

    7.80 miles

  • ShopRite

    8.18 miles

  • Tropical Fresh

    9.15 miles

  • Alex Food and Grocery II

    9.31 miles

  • Roy's Tropical & American Food Store

    9.32 miles

  • New Paltz Fire Department

    0.73 miles

  • Dedrick's Pharmacy & Gifts

    0.82 miles

  • Rite Aid

    1.08 miles

  • University Police

    1.42 miles

  • Highland Fire District Station 2

    3.86 miles

  • FirstCare Walk-In Medical Center

    4.64 miles

  • Rosendale Fire Department

    6.10 miles

  • Rosendale Town Police

    6.53 miles

  • Highland Fire District Station No. 1

    6.73 miles

  • Town of Lloyd Police Headquarters

    6.73 miles

Frequently Asked Questions

What is the lease rate for 135 North Chestnut?

Rental asking rate at 135 North Chestnut is $1,300,000.00/YR.

What is the total square footage of 135 North Chestnut?

135 North Chestnut totals 6,840 square feet.

When was this property built?

135 North Chestnut was built in 1980.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Thomas Collins

SVN | Deegan-Collins Commercial Realty

(845) 339-9100