620 New Paltz Road

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620 New Paltz Road

Highland, NY 12528
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Versatile mixed-use building located in Highland, New York.
  • The property features 5,352 square feet of interior space.
  • The building is situated at 620 New Paltz Road.
  • Current layout supports various commercial or residential use cases.
  • Strategically positioned within the expanding Hudson Valley regional market.

What's Special

Operators seeking a versatile mixed-use asset in the Hudson Valley will find significant potential at 620 New Paltz Road in Highland, New York. This 5,352-square-foot property provides flexible floor plans suitable for a combination of professional office space, storefront retail, or residential conversion. Highland serves as an accessible hub within Ulster County, benefiting from the steady regional growth characterizing the area. The location allows for efficient connectivity to major local thoroughfares, supporting businesses that require proximity to both local residential bases and regional transit routes. The building configuration accommodates diverse professional, service, or residential lease structures, making it a viable acquisition for investors focused on multi-tenant stabilization or owner-occupants looking to consolidate their physical footprint. Its strategic positioning in a recognizable market segment provides a solid foundation for long-term hold strategies within this growing suburban corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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