239 Springtown Road New Paltz, NY $ 2,095,000
239 Springtown Road
$ 2,095,000
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239 Springtown Road

New Paltz, NY, 12561
$ 2,095,000
Baths0.0 Sq 1,967

Monthly Estimate*

$ 13,924

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Studio

Commercial Property for sale in New Paltz, NY

for $2,095,000. This 1,967 square foot building was built in 1940.

$405K Price Improvement. Priced lower than appraised value. Seize the Hudson Valley's Prime Investment Opportunity Elevate your investment portfolio with a unique property that embodies the essence of the Hudson Valley. Situated within the coveted town of New Paltz , this expansive 75-acre parcel presents a captivating blend of natural beauty, history, and unlimited agricultural potential. Once a thriving equestrian facility, this property's landscape still echoes the legacy of its past. This former equestrian facility, with its scenic backdrop of the Shawangunk Mountain range, offers an array of assets with lush pastures and two former stables, other out buildings, a 4 bed 2 bath home: the foundation for a revitalized venture is already in place. This property transcends the conventional, offering investors the chance to tap into the burgeoning agritourism scene. The existing distillery, which crafts spirits from organic farm-grown heirloom grains on the property, lends a unique touch to the property's offerings. Embrace the privilege of becoming the steward of this remarkable property. Investors are invited to explore various avenues of growth, from unforgettable weddings, agritourism experiences and fundraising events against the backdrop of the Shawangunk Mountains to the growth of an established destination distillery experience. The business along with the inventory and equipment can be purchased as a package deal at an additional cost.

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Commercial Active

Price

$ 2,095,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,161

Style

Year Built

1940

Town/City

New Paltz

County/Region

Ulster

MLS | Web ID

H6296710

Features
General
High School District New Paltz
Lot Size Units Acres
Building Area Units Square Feet
Middle/Junior School District New Paltz
Elementary School District New Paltz
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* Excluded Features
List By
Barbara Korabel

Listing Agent

Four Seasons Realty Group

Broker

bkorabel@earthlink.net

Email

Affordability Calculator

$14,937
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,924
Monthly Property Taxes
$1,013
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4103681 Elementary School
4103634 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2024$2,095,000 -16.20% Price Down
3/23/2024$2,500,000 Listed Price

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239 Springtown Road, New Paltz, NY, 12561 is a Commercial Property for sale at $2,095,000 with 1,967 sqft. 239 Springtown Road is a studio with 0.0 baths and was built in 1940. The property's zip code is 12561 which is in New Paltz, NY