59 Main St
New Paltz, NY 12561
Main Street Bistro · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Best mixed-use building and restaurant business in New Paltz
- Sale includes building, business, restaurant equipment, and two apartments above
- Successful Main Street Bistro business with significant upside
- Outstanding owner financing: 25% down, 20-year term, 5% fixed interest rate
- Core Main Street corner location in the heart of the New Paltz dining and shopping district
- Operating expenses and taxes offset by two income-producing apartments
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,360 SF
Building Class
C
Year Built
1888
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.14 AC
Zoning
B2 - General Business
Parking
3 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
38’ on Main Street
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 3801-086.143-0001-007.000-0000 | Improvements Assessment | $296,300 |
| Land Assessment | $38,500 | Total Assessment | $334,800 |
