#20250976, Rodney Batista, Listing office: Howard Hanna Rand Realty
Property details
About 232 State Route 32 S
Rare Investment Opportunity in New Paltz - Turnkey 3-1800 square Family Property! Don't miss this chance to own a fully operational, income-generating 3-family property in the heart of New Paltz on 2.1 acres. Each of the three spacious units features 1 bedroom, offering comfortable living and strong rental appeal.Current Rent Roll: 1300 (long term tenant). 1400, 1750 (new tenant) Totaling 4,450/month Two of the three units are currently rented below market value, with 1-bedroom units in the area easily renting for around 1,800. That means there's room to increase your monthly income to approximately 5,400/month. Tenants pay all utilities, including heat and electricity, making this an ideal low-expense investment. Recent upgrades include: Newer roof,Updated flooring, Renovated bathrooms, Durable plastic septic system Located just off Route 32 South with a shared driveway, the property also has frontage on Brookside Road—offering potential to add a second private entrance. A multi-bay shed is included on the property, featuring three small bays and one larger bay—perfect for storage or renting out for additional income.
Highlights
Home typeTriplex
HeatingBaseboard, Electric, Other
StatusActive
Lot size2.1 Acres
Year built1900
MLS #851288
Summary
- Basement: No
- Interior: Other
- Architectural Style: Ranch
- Heating: Baseboard, Electric, Other
- Cooling: None
- List Price: $495,000
- Annual Tax Amount: $6,485
- Tax Year: 2022
- Directions: Take 32 South from the village go a few miles and property on the left
- Year Built: 1900
- Lot Size: 2.1 Acres
- MLS Number: 851288
- MLS Name: ONEKEY2
- Office Name: eXp Realty
- Office Phone: (888) 276-0630
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/24/2025, 12:41:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $174,800 | $- |
| 2022 | $174,800 | $6,485 |
| 2021 | $174,800 | $6,485 |
| 2020 | $174,800 | $6,485 |
| 2019 | $174,800 | $11,044 |
| 2018 | $174,800 | $1,678 |
| 2017 | $174,800 | $1,617 |
History based on county public records data.
Nearby schools
7
Lenape Elementary School
Public District 3-5
0.7 mi
•1 Eugene L Brown Dr
7
Highland Elementary School
Public District KG-5
6.2 mi
•16 Lockhart Ln
6
Plattekill Elementary School
Public District KG-6
6.9 mi
•1270 Rt 32
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,692. The most common annual income of people living in New Paltz, NY is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
13%
<35k
47%
35k-100k
27%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 232 State Route 32 S
The listing price of 232 State Route 32 S property is $495,000.
The property 232 State Route 32 S is a multi located in New Paltz, New York, 12561.
Active Listing: 232 State Route 32 S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 232 State Route 32 S are: Lenape Elementary School (GreatSchools Rating 7/10), Highland Elementary School (GreatSchools Rating 7/10), Plattekill Elementary School (GreatSchools Rating 6/10), New Paltz Middle School (GreatSchools Rating 6/10), Highland Middle School (GreatSchools Rating 5/10), Rondout Valley Junior High School (GreatSchools Rating 4/10), New Paltz Senior High School (GreatSchools Rating 8/10), Highland High School (GreatSchools Rating 7/10), Wallkill Senior High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2022 is $6,485 (source: MLS/based on county public records data).
The year of construction for 232 State Route 32 S is 1900.
This home is located at 232 State Route 32 S in New Paltz, NY and zip code 12561. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $495,000.
New Paltz, NY housing market in June 2025 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 10 sold below. The number of listings in New Paltz, NY increased by 27.3% between May and June 2025. The median list price of listings available in June 2025 was $539,000, while the average time on the real estate market was 100 days.
From Rocket Homes Real Estate and based on county public records data.