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$389,000

234 Rte 32 S New Paltz, NY 12561

4 beds
2 baths
1,338 sqft
1.2 acres
$291 / sqft
Multi-Family

Property details

About 234 Rte 32 S

Turn-Key Investment Opportunity in New Paltz! Fully occupied and income-producing, this well-maintained 2-family property is a prime addition to any investor's portfolio. Located in the heart of New Paltz with low taxes, this property features two spacious 2-bedroom, 1-bath units, each offering 1,138 sq ft of comfortable living space. Both units are occupied by long-term tenants — one for 7 years — currently generating 1,650 and 1,400/month, with tenants responsible for all utilities. That's 3,050/month in rental income with room to grow, as current rents are below market value — comparable 2-bedroom rentals in the area are averaging around 2,000/month. Additionally, the property includes a concrete block shed, offering further income potential through storage rental or other creative uses.

Highlights

Home typeDuplex
HeatingBaseboard, Electric
StatusAccepting Backup Offers
(Accepted Offer CTS)
Size1,338 sqft
Lot size1.2 Acres
Year built1900
ParkingParking Lot
MLS #20251012

Summary

  • Total Bedroom Count: 4
  • Attached Garage: No
  • Parking: Parking Lot
  • Heating: Baseboard, Electric
  • Cooling: None
  • List Price: $389,000
  • Price/SqFt: $290
  • Directions: Turn on to 32 South from New Paltz. Property is a few miles past college on your left.
  • Year Built: 1900
  • Living Area: 1,338 SqFt
  • Lot Size: 1.2 Acres
  • MLS Number: 20251012
  • MLS Name: UlsterCounty
  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 276-0630
  • Office Email: ny.broker@exprealty.net
  • Listing Agent: Jason Schobert

IDX Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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, 1:45:35 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

We're sorry, we currently don't have tax history data for this listing.

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

6.3 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $87,692. Residents of New Paltz, NY typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 234 Rte 32 S

The listing price of 234 Rte 32 S property is $389,000.

The property 234 Rte 32 S is a multi located in New Paltz, New York, 12561.

Accepting Backup Offers: 234 Rte 32 S is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 234 Rte 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).

The property 234 Rte 32 S is 1,338 SqFt (source: MLS/tax record).

The year of construction for 234 Rte 32 S is 1900.

This home is located at 234 Rte 32 S in New Paltz, NY and zip code 12561. This 1,338 square foot home, which was built in 1900, sits on a 1.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $389,000.

Over 3 listings were sold over their listed price in June 2025 in New Paltz, NY. In the same period over 10 listings were sold below the listed price and 0 listings were sold for the listed price. 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.

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