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    485 Broadway Monticello, NY 12701

    For Sale
    $460,000

    SINGLE_FAMILY - Monticello, NY

    Type:Retail
    Lot size:
    0.17 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 485 Broadway

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B1
    APN
    4601-111-0-0007-005-000
    Parking features
    Open, On Street
    Appliances
    Electric Water Heater
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Propane (Heating), Electric (Heating), Forced Air, Heat Pump (Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    4
    Building materials
    Blown-In Insulation

    Malek Properties (845) 583-6333 [email protected]

    Listing agent Randi Moody (347) 628-2161

    Listing date Nov 29, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Monticello Retail Opportunity

    Located on Broadway, this four-unit, ground-floor building is in turn-key condition. It features two long-term tenants. One tenant occupies both the restaurant space and a small office with a separate entry. The office space includes a kitchen, an open room, and a bathroom. The other office space is small, with room for a desk and storage. The structure has a new roof, new gutters, and new soffits. The crawl space contains new water pipes, a new water meter, a sump pump, and foam insulation. The electric meters have been separated for easy billing. A camera system holds approximately two weeks of footage. The property is zoned B1 and sits on a lot of 0.1722 acres. Financials are available for serious buyers. The property is located in Monticello, Sullivan County, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Annie’s HomeStyle Kitchen American Restaurant Angel Nails Nail Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6898882
    Latitude
    41.6555306

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    FAQs

    What type of property is this?
    Retail space - Four-unit building with long-term tenants in prime location.
    Where is this retail space located?
    The property is located at 485 Broadway Monticello, NY.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - 7.7% Cap Rate; - Turn-key condition four-unit building; - New roof, gutters, and soffits enhance the property's value.
    (347) 628-2161
    Request Owner's contact information
    485 Broadway Monticello, NY 12701
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    Monticello, NY 12701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    485 Broadway Monticello, NY 12701
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