401 Main (rt. 299) Street, New Paltz, NY 12561 (MLS# 20181179)
401 Main (rt. 299) Street
New Paltz, NY 12561
MLS# 20181179
Status: Closed
4700 sqft
New Paltz, NY 12561
MLS# 20181179
Status: Closed
4700 sqft
1 / 3
Property Description
This was the home of J.P. Gumps, a very successful restaurant for many years. Sitting on a corner lot, I87 is on one side and Route 299 on the other. The interstate exit #18, is less then a hundred yards away. NYS Department of Transportation traffic count is 18,100 vehicles per day on Route 299 and 41,700 on Interstate 87. It sits at the edge of the Village of New Paltz a very active college town with a student population of 7,857. The village itself at last census (2010), had a population of 14,000 and the County 180,000. The property has municipal water, natural gas, ample power and on site septic. Parking is more than enough to accommodate banquets and regular business simultaneously. The building is 4,700 sq. ft. on the main floor with a full basement.
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: RRJ Capital LLC.
Owner Phone: 9144569900
Original List Price: 1875000
List Price: $1,875,000
Status: Closed
Listing Contract Date: 2019-04-15
Property Sub Type: Business
Location, Tax, and Legal
Township: New Paltz
General Tax: 14627
School Tax: 22327
Tax Assessed Value: 1000700
Tax Legal Description: 5-27,12,401 Main (Rt. 299)
Tax Lot: 5-27
Tax Block: 12
Zoning: B2
Directions: Located on the corner of I87 & Route 299 off thruway exit 18.
General Property Information
Business Name: Genesis
Number Of Units Total: 1
Lot Size Acres: 1.8
Lot Size Dimensions: 1.8 acres
Accessibility Features YN: Yes
Sign On Property YN: Yes
List Price/SqFt: 398.94
Living Area: 4700
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: This was the home of J.P. Gumps, a very successful restaurant for many years. Sitting on a corner lot, I87 is on one side and Route 299 on the other. The interstate exit #18, is less then a hundred yards away. NYS Department of Transportation traffic count is 18,100 vehicles per day on Route 299 and 41,700 on Interstate 87. It sits at the edge of the Village of New Paltz a very active college town with a student population of 7,857. The village itself at last census (2010), had a population of 14,000 and the County 180,000. The property has municipal water, natural gas, ample power and on site septic. Parking is more than enough to accommodate banquets and regular business simultaneously. The building is 4,700 sq. ft. on the main floor with a full basement.
Status Change Information
Status Change Timestamp: 2020-01-22
Buyer Financing: Other
Concessions Amount: 0
Major Change Timestamp: 2020-01-23T00:50:22Z
Major Change Type: Status Change
Purchase Contract Date: 2020-01-21
Close Date: 2020-01-22
Appliances
Gas Water Heater: 1
Water Heater: 1
Basement
Full: 1
Book Information
Liber/Book: 6073
Page: 326
Section: 86
Construction Materials
Brick: 1
Frame: 1
Stone: 1
Cooling
Central Air: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Three Phase: 1
Underground: 1
Exterior Features
Rain Gutters: 1
Fencing
Partial: 1
Flooring
Other: 1
Foundation Details
Slab: 1
Heating
Central: 1
Forced Air: 1
Natural Gas: 1
Listing Terms
Cash: 1
Private Financing Available: 1
Lot Features
Corner Lot: 1
Landscaped: 1
Level: 1
Other Structures
None: 1
Road Frontage Type
Interstate: 1
State Road: 1
Security Features
Fire Sprinkler System: 1
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Location
Suburban: 1
Building Features
Kitchen Facilities: 1
Public Restroom(s): 1
Signs Owned: 1
Storage: 1
Business Type
Bar/Tavern/Lounge: 1
Restaurant: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Sale Includes
Building: 1
Equipment: 1
Fixture(s): 1
Land: 1
Showing Information
Showing Instructions: Call Agent
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: LOT-PAVED,LOT-STRIPED,OFF STREET,Parking Spaces 20+, Age: 41-60, Lot Features: Additional Land Available, Terms: To Qual. Buyer, Lot/Site: Hamlet/village,Freestanding
Location Tax and Legal
Street Number: 401
Street Name: Main (rt. 299)
Street Suffix: Street
County: Ulster
State: NY
Zip Code: 12561
Town (Taxable): New Paltz
Property Features
Appliances: Gas Water Heater; Water Heater
Basement: Full
Building Features: Kitchen Facilities; Public Restroom(s); Signs Owned; Storage
Business Type: Bar/Tavern/Lounge; Restaurant
Construction Materials: Brick; Frame; Stone
Cooling: Central Air
Electric: 200+ Amp Service; Circuit Breakers; Three Phase; Underground
Exterior Features: Rain Gutters
Fencing: Partial
Flooring: Other
Foundation Details: Slab
Heating: Central; Forced Air; Natural Gas
Listing Terms: Cash; Private Financing Available
Location: Suburban
Lot Features: Corner Lot; Landscaped; Level
Other Structures: None
Road Frontage Type: Interstate; State Road
Security Features: Fire Sprinkler System; Smoke Detector(s)
Sewer: Septic Tank
Showing Requirements: Appointment Only; Call Listing Agent
Sale Includes: Building; Equipment; Fixture(s); Land
Listing Courtesy of Win Morrison Realty
Listing Agent: Dennis Cooper