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Haniff Baksh

yhsgrbesmatchleads@gmail.com +1(718) 324-6060

$1,199,999

Est. payment - /mo

9 Beds

4 Baths

6,534 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1000543

Style Victorian

Bedrooms 9

Full Baths 4

Rental Info No

Year Built 1890

Annual Tax Amount $8,592

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Source onekey2

Property Description

Charming 1890 brick Victorian triplex in the heart of the Village of New Paltz. Located at 39 N Chestnut St, this well-maintained multi-family property offers a rare opportunity for both owner-occupants and investors seeking strong, consistent rental income in one of the Hudson Valley's most sought-after and high-demand village locations. It also presents a unique tri-family getaway opportunity, ideal for extended family use, multi-generational living, or a shared Hudson Valley retreat with income potential.

The location is truly exceptional - set in the vibrant village core where everything is just steps away. Enjoy immediate access to SUNY New Paltz, local cafes, restaurants, shops, and daily conveniences, along with direct proximity to the Rail Trail for recreation and an easy connection to the broader Hudson Valley lifestyle. The Trailways bus station is also nearby, providing direct and convenient access to New York City for commuters and visitors alike.

The property features a total of 3,273 square feet with three separate units. The first floor consists of a spacious 2-bedroom apartment with an additional flex room that generates $3,300/month. The second-floor unit is a 3-bedroom apartment with a monthly rental income of $2,625. The third-floor unit is a 4-bedroom apartment generating $3,000/month. Total monthly rental income is $8,925, equating to $107,100 annually.

Recent improvements include a new roof installed in 2025. Tenants are responsible for their own heat and electric, helping to minimize owner expenses. The property offers off-street parking at the rear, along with a detached garage.

A rare opportunity to own a character-filled 1890 brick Victorian multi-family property in a premier Village of New Paltz location - offering strong income, long-term upside, and unmatched walkability in a consistently in-demand rental market.

Location

State NY

County Ulster County

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Natural Woodwork

Heating Forced Air

Cooling None

Fireplace No

Exterior

Exterior Feature Courtyard

Parking Features Driveway, Garage, Parking Lot

Garage Spaces 1.0

Utilities Available Electricity Connected

Garage true

Private Pool No

Building

Lot Description Near Golf Course, Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Duzine

Middle Schools New Paltz Middle School

High Schools New Paltz

School District New Paltz

Others

Senior Community No

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by eXp Realty • Jacob M. Cohen

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Haniff Baksh

Broker | License ID: 10311202741

yhsgrbesmatchleads@gmail.com

+1(718) 324-6060

4627 White Plains Rd, Bronx, NY, 10470-1612, USA

39 N Chestnut ST New Paltz, NY 12561

Haniff Baksh

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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39 N Chestnut ST