#851288, Listing office: eXp Realty
Property details
About 236 State Route 32 S
Excellent Investment Opportunity - Fully Occupied 3-Family with Expansion Potential This income-generating 3-family property is fully occupied and currently bringing in 4,350 per month, with tenants responsible for all utilities. The building features two 1-bedroom units and one 2-bedroom unit, with an unfinished 4th unit that offers excellent potential for added value. The entire floor is included in the tax-recorded square footage and can be reconverted into a legal unit with the proper permits—unlocking even more income potential. Highlights include a durable metal roof, ample off-street parking with space for more vehicles than needed, and a solid rental history. While the exterior could benefit from some TLC, the property offers strong bones and immediate cash flow. The current rent roll is below market, leaving room for future rent increases and higher returns.
Highlights
Home typeTriplex
HeatingBaseboard, Electric, Other
StatusActive
BasementYes
Lot size1.06 Acres
Year built1900
MLS #851301
Summary
- Basement: Yes
- Interior: Other
- Architectural Style: Colonial
- Heating: Baseboard, Electric, Other
- Cooling: None
- List Price: $475,000
- Directions: Take 32 south from village a few miles and the property will be on your left
- Year Built: 1900
- Lot Size: 1.06 Acres
- MLS Number: 851301
- MLS Name: ONEKEY2
- Office Name: eXp Realty
- Office Phone: (888) 276-0630
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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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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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
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Tax history
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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 majority of 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 236 State Route 32 S
The listing price of 236 State Route 32 S property is $475,000.
The property 236 State Route 32 S is a multi located in New Paltz, New York, 12561.
Active Listing: 236 State Route 32 S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 236 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).
The year of construction for 236 State Route 32 S is 1900.
This home is located at 236 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 $475,000.
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 homes for sale in New Paltz, NY increased by 27.3% between May and June 2025. Listings spent 100 days on the market in June 2025, and had a median list price of $539,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.