55 Main Street, new paltz, NY


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Square feet



About 55 Main Street

Two commercial spaces; restaurant and retail sales on first floor. Two 4 bedroom apartments on second floor. Restaurant (Zaytune Cafe) has very good reviews for Mediterranean food, and Heddy Teddy is a successful gift shop. Zaytune has 5 year lease (6/21 to 5/26) w/ renewal option for additional 5 years. Zaytune pays $3,675 as of June 2022). Heady Teddy pays $3,150 per month. Tenants on second floor pay $2,980 x 2 apartments for $5,960 per month. Building total rent is $12.785 per month or $153,420 per year. On numbers presented herein, would yield $2.156M at 7 cap rate.

Features of 55 Main Street

MLS® # 20230646
Price $1,495,000
Square Footage 4,560
Acres 0.11
Year Built 1890
Type Commercial
Sub-Type Mixed Use

Community Information

Address 55 Main Street
City new paltz
County Ulster County
State NY
Zip Code 12561

Additional Information

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Parking LOT


Construction FRAME/STICK

School Information

District NEW PALTZ
Elementary DUZINE K-2

Additional Information

Zoning B2
Taxes (total) $18,882
General Tax $5,472
School Tax $9,021
Village/Town Tax $4,389

Listing Details

AgentRobert Gabrielli
OfficeReading Realty

Listing Map

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