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About the Listing EXPRLT05 - 70270
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 sq ft 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. Bonus: 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!
Listing Highlights for 1-3 Water St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Oil,Propane
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $13,874
- Taxes w/Assessments: N/A
- Tax/Property ID: 513801.086.033-0003-001.000/0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
1-3 Water St New Paltz, NY 12561
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