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403 Main Street

$3,949,000

Est. $20,827/mo

New Paltz, NY 12561 · Ulster County

Status
Active
On site
281 days

Know your budget before you tour. Get pre-qualified

About this home

Second Chance Opportunity. Resubmit Offers. Buyer did not perform. Discover the extraordinary potential of this prime 11.9-acre parcel, perfectly positioned to accommodate your vision for a dream apartment complex or a dynamic mixed-use residential development. Located just a short, pleasant stroll from the charming Village of New Paltz, this vacant land offers exceptional roadside exposure off the interstate, ensuring strong visibility for any future project. Per Town of New Paltz Water department, this land already has TOWN WATER, no sewer. Enjoy close proximity to SUNY New Paltz, local shops, and vibrant surrounding towns, all of which enhance the appeal and convenience of this location. With limitless possibilities for the right project and a visionary developer, this property presents a rare opportunity to create an income-producing asset that can endure for generations. Additional documentation is available for review, including details regarding the Hidden Ridge Development Corporation’s apartment wastewater treatment plan. There is also an open permit on the land. Soil type is currently unknown. Cash buyers are invited to seize the opportunity to bring their development plans to life. The property sits at the corner of Route 299 and I-87, directly across from the interstate exit. Zoning information and allowable uses are available in the agent documents and can be provided to clients. The seller is now ready to sell—last year they were not prepared to move forward. New price, new beginnings. Resubmit all offers.

Listed with Douglas Elliman Real Estate · Anthony DeBellis · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 3:09 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$20,826.90Total / mo

Estimated Monthly Payment

Principal & interest
$19,451.74 (93.4%)
Taxes
$1,175.17 (5.6%)
Insurance
$200.00 (1.0%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around New Paltz, NY

Current Listings

New in the last 30 days

14

Sep 2026

Average Price

Active listings

$792,974

Sep 2026

Average Days on Market

Active listings

138 days

Sep 2026

Computed from 72 active OneKey MLS listings in New Paltz, NY.

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