53 Main Street
New Paltz,
NY
12561
- Commercial
- Year Built 1894
- Retail
- ML# H6259949
Property Details
Overview
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.
Key Facts
- •Taxes: $20,100
- •Sale or Rent: Sale
- •School District: New Paltz
- •Zoning: B2
- •Heat: Oil, Baseboard, Hot Water
- •A/C: Zoned, Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Reading Realty
845-901-1640
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