336-338 Libertyville, New Paltz, NY 12561
SOLDAUG 3, 2023

336-338 Libertyville
New Paltz, NY 12561

  • 25 Beds
  • 16 Baths
  • 10,600 sqft (on 1.10 acres)
  • 25 Beds
  • 16 Baths
  • 10,600 sqft (on 1.10 acres)

$2,405,000

Last Sold: Aug 3, 2023
0% over list $2.4M
$227/sqft
Est. Refi. Payment $16,032/mo*

Homes for Sale Near 336-338 Libertyville

Local Information

map showing home location
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Commute Destination

Description

This property is no longer available to rent or to buy. This description is from August 03, 2023
Introducing an exceptional investment opportunity at 336-338 Libertyville Road, New Paltz! This listing boasts a rare 16-unit multifamily property that combines historical charm, modern renovations, and an enviable location. With two separate buildings on a spacious 1.1-acre lot, this offering is sure to captivate investors. The main building, 338 Libertyville Rd, features 12 beautifully renovated units within its (+/-) 7,200 square feet. Originally a barn built circa 1870, this historic structure has been thoughtfully transformed to provide comfortable living spaces. Each unit offers AC while utilities are included in the rent. Onsite amenities include coin-operated washer and dryer are installed in 336 and washer and dryer hookups in 338, and ample parking is available for 20+ cars. The second building, 336 Libertyville Rd, comprises four units and exudes its own unique charm. Built circa 1930, these units are all-electric, and tenants are responsible for their own utilities.Situated along the serene Wallkill River, this property offers a picturesque setting. Where it is also near Minnewaska State Park, and to hiking and world renowned rock climbing in the Shawangunk Mountain Range. (The Gunks) Its prime location, just 4 miles from Downtown Main St and SUNY New Paltz, provides easy access to Route 55 and I-87. The tenant mix historically consists of about 1/4 students and working professionals, ensuring a steady rental demand. Capital improvements have been made to both buildings, and an established management company is in place. It's in a rural setting but close to town that has a stream in the yard, and a communal area to BBQ and relax in nature.Priced at $2,400,000, this 16-unit multifamily property generates a current income of $309,990.00, with an in-place cap rate of 8.75%. Don't miss out on this remarkable opportunity to own a piece of New Paltz's thriving rental market. Contact us today to schedule a showing and secure your investment in history, modernity, and financial success!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$227/sqft
Listed
180+ days ago

Home Details for 336-338 Libertyville

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 25Number of Bathrooms: 16Number of Bathrooms (full): 16
Dimensions and Layout
Living Area: 10600 Square Feet
Appliances & Utilities
Appliances: Water Heater: Gas
Heating & Cooling
Heating: Electric,Propane,OtherHas HeatingHeating Fuel: Electric
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Other

Exterior Features

Exterior Home Features
Roof: OtherFoundation: Other
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Septic Tank

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Frame, Stucco, Wood Siding
Property Information
Condition: GoodParcel Number: 86.3-2-45

Price & Status

Price
List Price: $2,400,000Price Per Sqft: $227/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: New Paltz
School Information
Elementary School District: New PaltzJr High / Middle School District: New PaltzHigh School District: New Paltz

Building

Building Area
Building Area: 10600 Square Feet

HOA

Association for this Listing: Columbia County & Northern Dutchess MLS

Lot Information

Lot Area: 1.10 acres

Documents

Disclaimer: Information not guaranteed.

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %Sub Agency Commission: 0
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 146586
Last check for updates: 1 day ago
Listed by Anthony Dargenzio, (518) 821-0826
Houlihan Lawrence, Inc.
Bought with: Anthony Dargenzio, (518) 821-0826, Houlihan Lawrence, Inc.
Co-Buyer's Agent: Laura Clancy, Houlihan Lawrence Inc. Ef
Originating MLS: Columbia County & Northern Dutchess MLS
Source: Columbia Greene Northern Dutchess MLS, MLS#146586

Price History for 336-338 Libertyville

DatePriceEventSource
08/03/2023$2,405,000Sold
Columbia Greene Northern Dutchess MLS #146586
07/19/2023$2,400,000ContingentColumbia Greene Northern Dutchess MLS #146586
07/19/2023PendingOneKey® MLS #H6253464
06/07/2023$2,400,000Listed For SaleColumbia Greene Northern Dutchess MLS #146586
04/30/2019$1,650,000Sold
N/A

Comparable Sales for 336-338 Libertyville

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3.36
Multi-Family Home
$560,000
11/13/23
5
4
3,332
3.05
Multi-Family Home
$501,000
09/01/23
-
-
4.92
Multi-Family Home
$540,000
12/21/23
-
-

Assigned Schools

These are the assigned schools for 336-338 Libertyville.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about New Paltz

  • Joseph
    "I work in Poughkeepsie so I drive myself. It’s about a half hour drive and I would say it’s a very easy commute. "
    1
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  • SM
    "Safer schools , clean air , nature , close to mountains , easy to go to the city , nice houses , kind people ,less culture , interesting landscapes good food ,.."
    3
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  • Nadia R.
    "Great school district. Safe neighborhood. Plenty of outdoor space. Very convenient. Plenty of commercial area. "
    1
    Flag
  • Kylelynnlmt
    "Great place for people who like the outdoors and want to take advantage of hiking and biking trails. There are many in the area."
    5
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  • Chandler
    "Parades, festivals, year round entertainment. The apple orchards in the fall are a major attraction. "
    4
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  • Lisa.crannell
    "There are not many good paying jobs in area. I commute over an hour to work which I don’t mind as it’s a straight highway with Mountain View’s. "
    6
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  • Elanasison
    "PLEASE KEEP YOUR DOGS ON LEASHES. Please USE THE CROSSWALKS. These are put in place to assure that both drivers and pedestrians and their companions abide to village safety measures. "
    6
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  • Lisa.crannell
    "It’s a small mountain town less than two hours from NYC. Many weekenders from NYC have homes here. And the students from SUNY New Paltz keeps a vibrant vibe to the town. "
    5
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  • Wayneparole53
    "Beautiful landscape a wonderful outdoor life and nice shopping. Proximity to New York City well maintained roads and in general well maintained infrastructure ."
    5
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  • Kathryn B.
    "I was born and raised in New Paltz, and it’s very disturbing to see how over populated it is, it no longer has that small town feel"
    5
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  • Lisa.crannell
    "Great area for dogs. Friendly village to walk your dogs. Great trails to explore too. They are also welcome at most outdoor restaurant s. "
    4
    Flag
  • Burkebrocker
    "Great location, pretty views, close to Mohonk Mountain House Resort, close to Minnewaska and many walking/biking trails. 7 minutes from town. Good neighbors."
    2
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  • Austin
    "I see dogs being walked very often. we live outside town and it's a dog paradise. highly recommend."
    0
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  • Trulia User
    "It is an amazing place to raise a family. There is so much to do from biking, hiking, fishing, cycling, rock climbing, snow shoeing and cross country skiing. Local farms everywhere, people are amazing. Seriously one of the best places on earth. I love where I live and hope to share it with people that care and want to teach future generations to respect and love Mother Earth. "
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  • Trulia User
    "I love the free spirit of the town. The village has great eateries, little shops and bars. Many nights with live music. Very artsy town.outdoor activities abound. There’s Hiking, biking, kayaking and rock climbing. Close to NYC. "
    6
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  • Bootzy56
    "It’s quite! There are very nice neighbors here ! We look out for each other ! I love the back yard I have all woods surrounding and love the wild "
    2
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  • Akram G.
    "Right off the NY State Thruway. Buses run to NYC. local cabs are only $5. pretty good location. Right off the NY State Thruway. Buses run to NYC. local cabs are only $5. pretty good location. "
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  • Donna S.
    "I am a returning resident and alumni of SUNY New Paltz I have chosen to downsize from my home in Westchester to a lovely single floor Ranch in New Paltz overlooking the mountains.. Couldn't be happier"
    7
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  • peterk210
    "new paltz is a great community to live, people are friendly great restuarants and always something to do. close to some great parks for hiking mountain biking also "
    1
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LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 336-338 Libertyville

Off Market Homes Near 336-338 Libertyville

336-338 Libertyville, New Paltz, NY 12561 is a 25 bedroom, 16 bathroom, 10,600 sqft multi-family built in 1970. This property is not currently available for sale. 336-338 Libertyville was last sold on Aug 3, 2023 for $2,405,000 (0% higher than the asking price of $2,400,000). The current Trulia Estimate for 336-338 Libertyville is $2,602,300.