11-13 Olev Lane
New Paltz, NY 12561
11
Bed
0
Bath
4,181Sqft
53.50Acres(Lot)
Rare five-family investment opportunity situated on 53.5 acres in New Paltz. The property includes two separate residential buildings, multiple income-producing apartments, and a multi-bay garage, offering immediate rental income with additional long-term upside. The main residence features a distinctive stone exterior, covered porch, multiple apartments, and generous living space across several levels. The second residential building contains additional apartments positioned above the garage. One garage bay is currently included with an existing apartment lease, while the remaining bays may provide future rental or storage income. Both roofs have been replaced recently. The apartments are occupied under a combination of term leases and a month-to-month tenancy. Tenants pay their own
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11 -
Roofing Information
Asphalt -
Interior Features
High Speed Internet Roof: Asphalt Appliances: Electric Cooktop, Free-Standing Refrigerator, Microwave, Oven, Range, Refrigerator, Washer/Dryer -
Heating & Cooling
Has Heating: Yes Heating: Electric, Oil Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1930 Building Area Total: 4181 Construction Materials: Other Patio And Porch Features: Front Porch, Rear Porch Private Pool: No -
Exterior Features
Exterior Features: Garden
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Lot Information
Main Square Feet: 53.5 Acres Lot Size Acres: 53.5 Lot Size Square Feet: 2330460 Lot Description: Agricultural
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Listing Price Information
Listing Price: $1300000
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Tax Information
Parcel Number: 86.16-1-3 Tax Lot: 1-3 Tax Block: 16 Annual Tax: $15585
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Parking Information
Driveway, Parking Lot, Unassigned
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Location Information
WaterSource: Private, Well Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 131 Station Road, New Paltz, NY, 12561 | $395,000 | 4 | 2 | 1,494 | 1,494 SqFt |
| 230 State Route 32, New Paltz, NY, 12561 | $775,000 | 6 | 5 | -- | |
| 230 New York 32, New Paltz, NY, 12561 | $775,000 | 6 | 5 | 2,937 | 2,937 SqFt |
| 3 Ann Street, New Paltz, NY, 12561 | $999,999 | 7 | 4 | -- | |
| 39 N Chestnut Street, New Paltz, NY, 12561 | $999,999 | 9 | 4 | -- |
Similar Multifamily To 11-13 Olev Lane
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ulster County Board of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Ulster County Board of REALTORS®, Inc.
ByOwner last updated this listing 07/22/2026 @ 11:21
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