$6,519 Closing Credit¹
#20250976, Rodney Batista, Listing Office: Howard Hanna Rand Realty
$389,000 List price
234 Rte 32 S New Paltz, NY 12561
$4,619
Closing credit¹
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
StatusActive
Size1,338 sqft
Lot size1.2 Acres
Year built1900
ParkingParking Lot
MLS #20251012
Summary
- Total Bedroom Count: 4
- 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
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: 5/7/2025, 3:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$389,000
234 Rte 32 S
$4,619
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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.
Neighborhood
The neighbors living near this home have an average income of $87,692. Most New Paltz, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area 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
Similar homes for sale
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.
In April 2025, from all listings sold in New Paltz, NY there were more than 3 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price. Between March and April 2025, New Paltz, NY real estate market has seen increase in the number of listings by 19.1%. While the average time on the market in April 2025 was 69 days, the median list price was $540,250.
From Rocket Homes Real Estate and based on county public records data.