Great location. What is your highest and best use? Zoning is BD40 and is on a corner lot at the intersection of Route 32 and Route 44-55. This large 5,070 square foot building has four good size apartments and a large storage room which could have many different uses. The parking lot can accommodate up to ten cars. Units #1 & #2 are $1,200 month, and have an additional room that can be used as a bedroom or office. Unit #3 is $1,000, and Unit#4 is $850 a month. Tenants pay electric and propane for their stoves. Upgrades include: 2008 individual electric meters installed for each unit. 2015 new appliances and updates for kitchens and baths. 2016 oil-fired boiler. Two 275 oil tanks in the basement. Updated gutters and replacement windows. Conveniently located minutes to New Paltz, Gardiner, and Orange County. The property is contiguous to the old “Sonny’s Garage” which is also for sale. If both were purchased a developer would have the southwest corner of Route 32 and the Route 44-55 intersection.
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