Tyler Prokosch - John J Lease Realtors Logo
$3,949,000
 $21,199 est/mo Sourced by Back At You

403 Main Street,New Paltz, NY 12561

New Paltz, NY 12561

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Description

Second Chance Opportunity. Resubmit Offers. Buyer did not perform. Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly positioned to accommodate your vision for a dream apartment complex or a dynamic mixed-use residential development. Located just a short, pleasant stroll from the charming Village of New Paltz, this vacant land offers exceptional roadside exposure off the interstate, ensuring strong visibility for any future project. Per Town of New Paltz Water department, this land already has TOWN WATER, no sewer. Enjoy close proximity to SUNY New Paltz, local shops, and vibrant surrounding towns, all of which enhance the appeal and convenience of this location. With limitless possibilities for the right project and a visionary developer, this property presents a rare opportunity to create an income-producing asset that can endure for generations. Additional documentation is available for review, including details regarding the Hidden Ridge Development Corporation's apartment wastewater treatment plan. There is also an open permit on the land. Soil type is currently unknown. Cash buyers are invited to seize the opportunity to bring their development plans to life. The property sits at the corner of Route 299 and I-87, directly across from the interstate exit. Zoning information and allowable uses are available in the agent documents and can be provided to clients. The seller is now ready to sell-last year they were not prepared to move forward. New price, new beginnings. Resubmit all offers.

Details

MLS #856424
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site274
Listing Provided ByDouglas Elliman Real Estate | Anthony DeBellis

Features

Acreage11.90

Utilities

SewerSeptic Tank

Taxes

Tax Year2025
Tax Assessed Value300000
Tax Annual Amount14102.22

Area Information

StateNY
CountyUlster County
CityNew Paltz
Zip Code12561
School DistrictNew Paltz Senior High School
Elementary SchoolDuzine
High SchoolNew Paltz Senior High School
Listing VS Median (in 12561)
Price:
$3,949,000
low | high
Med:
$499,000
100% of Average
On site:
274
low | high
Med:
69
100% of Average
Sourced by Back At You

Market Activity 12561

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Additional Information

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Tyler Prokosch

Tyler Prokosch

John J Lease REALTORS

 (845) 542-6966tylerprokosch@johnjleaserealtors.com
StateNY
CountyUlster County
CityNew Paltz
Zip Code12561
School DistrictNew Paltz Senior High School
Elementary SchoolDuzine
High SchoolNew Paltz Senior High School
Listing VS Median (in 12561)
Price:
$3,949,000
low | high
Med:
$499,000
100% of Average
On site:
274
low | high
Med:
69
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.961M - $4.936M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
401 Main Street Property Photo 1
$1,300,000
401 Main Street
New Paltz, NY 12561
Listing Updated: September 10, 2026 at 4:11:34 PM PDT

Tyler Prokosch - John J Lease Realtors