11 Water Street, New Paltz
The finest redevelopment opportunity in New Paltz! Offering includes both 11 & 13 Water Street. Located immediately south of Water Street Market along the Wallkill Valley Rail Trail, the property features a 15,000 square foot former box factory with original wood beams and 24-foot ceilings, along with a three-bedroom rental house currently leased for $1,780 per month. Zoning for both lots was recently changed to “Gateway”, allowing a variety of uses including retail, art gallery, office, restaurant, and apartments above the first floor. The warehouse building could be renovated and re-purposed, or a new development could be constructed on all or some of the site. Tie-ins with Water Street Market and the Rail Trail create a variety of exciting redevelopment opportunities. See property brochure in associated docs for full detail.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.