236 State Rte 32 S

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Jason W. Schobert • eXp Realty
    P: (888)-276-0630 C: (845)-249-5249 jschobert@stevensre.com

Property Details for 236 State Rte 32 South

City/Township
New Paltz
Architectural Style
Colonial
Waterfront
No
LISTING UPDATED: 02/10/2026 03:30 PM

Property Details for 236 State Rte 32 South

StatusPending
MLS #851301
Days on Market176
Taxes$6,825 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTriplex
Year Built1900
Lot Size1.06 AC / 46,174 SF
CountyUlster County

Location

Listing Courtesy of eXp Realty
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Building Information for 236 State Rte 32 South

Stories-Residences3Year Built1900Building Size-Lot Size1.06 AC / 46,174 SF

Payment Calculator

$2,961 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,392

Property Taxes

$569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 236 State Rte 32 South

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: Take 32 south from village a few miles and the property will be on your left
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: New Paltz
  • Elementary School District: New Paltz
  • Elementary School: Duzine
  • Middle Or Junior School District: New Paltz
  • Middle Or Junior School: New Paltz Middle School
  • High School District: New Paltz
  • High School: New Paltz Senior High School
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 3
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 3889-094.002-0004-008.000-0000
  • Tax Assessed Value: $170,800.00
Interior and Exterior Features
Interior Features
  • Amenities: Colonial, Other, Well
  • Interior Features: Other
  • Basement: Full
  • Attic Description: Partially Finished
  • Basement: Yes
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Frame
Lot Information
  • Building Area Units: Square Feet
Parking
  • Garage: No
  • Carport: No
Utilities
  • Cooling: None
  • Heating: Baseboard, Electric, Other
  • Heat Fuel Type: Baseboard, Electric, Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Utilities: Electricity Connected
Green Features
  • Green Features: Baseboard, Electric, Other
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 236 State Rte 32 South

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Pending

ONEKEY #851301

Apr 22, 2025

Listed (Active)

ONEKEY #851301

$475,000
DateEvent & SourcePrice
10/15/2025

Pending

ONEKEY #851301

04/22/2025

Listed (Active)

ONEKEY #851301

$475,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 236 State Rte 32 South

This home is within New Paltz Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Duzine School
PublicPK to 2

Lenape Elementary School
Public3 to 5

New Paltz Middle School
Public6 to 8

New Paltz Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of eXp Realty

Based on information submitted to the MLS GRID as of 02/10/2026 03:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.