40 Sunset Ridge Rd - Medical FOR SALE


New Paltz, NY 12561
$899,000 USD
845-430-8314
40 Sunset Ridge Rd, New Paltz, NY for Sale
$899,000 USD
Medical - FOR SALE
1/49
null | Request Cap Rate

40 Sunset Ridge Rd
New Paltz, NY 12561


HIGHLIGHTS

  • Excellent Location and Proximity to the Village
  • Ample Parking
  • Adjacent to the Millbrook Preserve
  • Opportunity for owner/occupier who is looking for additional income

OVERVIEW

This 8,753± NRSF, six-unit o?ce building presents an exceptional opportunity for both owner-users and investors. With 48% current occupancy, the property generates income while allowing for additional lease-up potential. The flexible layout accommodates various professional o?ce uses, making it an attractive option for businesses seeking space in the growing New Paltz commercial corridor. Located just 1.5 miles from the Village of New Paltz, the property o?ers convenient access to local restaurants, shops, and services. It is situated 2 miles southwest of Duzine Elementary School, contributing to steady local business activity. Accessibility is a key advantage, with the New York State Thruway (I-87) just 2 miles away via Exit 18, ensuring seamless regional travel. Additionally, the property is within a 25-30 minute drive to both Kingston and Poughkeepsie, making it well-positioned for businesses seeking access to a broader customer and client base. The building features ample on-site parking and o?ers flexibility for a range of professional o?ce uses, including legal, medical, financial, and tech-based workspaces. It is particularly well-suited for an owner-occupier looking to o?set costs with rental income or an investor seeking a value-add opportunity in a high- demand market. With existing tenants already in place, this property provides a stable foundation with room for increased cash flow. For financials, rent roll details, and a private showing, contact us today.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

R1

APN/PARCEL ID

3889-078.020-0004-046.000-0000

ASK ABOUT THIS PROPERTY

Nathan KanneySVN Deegan-CollinsMore Info
845-430-8314

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Nathan KanneySVN Deegan-CollinsMore Info
845-430-8314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.