Restaurant Building with Outdoor
506 Broadway Monticello, NY 12701
For Sale
$599,000
SINGLE_FAMILY - Monticello, NY
Property Size4,000 SF
Lot Size0.17 Acres
Price / SF$149.75
Days on Market99
Property Features for 506 Broadway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- B2
- Parking features
- On Street, Parking Lot
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 4601-111-0-0003-019-002
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 12852
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Oil
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Building materials
- Brick
Listing Agency:
Cronin & Company Real Estate
(845) 744-6275
Listed By:
Frank Muccari
(845) 494-3678
Added: Apr 16
Changed: Jul 13
Last Checked: Jul 23 at 2:06PM
MLS# 986009
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
For sale restaurant building with cafe space featuring indoor and outdoor seating, offering over 4,000 square feet of potential. The property is presented under B2 zoning.
Located on Broadway in Monticello, it places your business or investment near major regional draws including Resorts World Casino, Monticello Motor Club, and Waterpark, as well as Bethel Woods Performing Arts Center.
This is a commercial building configuration suited for food and beverage concepts that can utilize both interior seating and outdoor dining areas.
Located on Broadway in Monticello, it places your business or investment near major regional draws including Resorts World Casino, Monticello Motor Club, and Waterpark, as well as Bethel Woods Performing Arts Center.
This is a commercial building configuration suited for food and beverage concepts that can utilize both interior seating and outdoor dining areas.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $18.00 |
| − Vacancy | −$3.0k | −$0.76 |
| EGI | $69.0k | $17.24 |
| − OpEx | −$17.2k | −$4.31 |
| NOI | $51.7k | $12.93 |
4,000 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$739.0K
$646.7K – $862.2K
NOI $51,732 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$960.0K – $1.28M
NOI $76,800 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
DeFilippis Bakery
Bakery
Similar Off Market Nearby
- Wan Bo Buffet — 36 Forestburgh Rd #1833, Monticello, NY 12701
FAQs
What type of property is this?
Conventional restaurant - For sale B2-zoned restaurant building with cafe space and both indoor and outdoor seating.
Where is this conventional restaurant located?
The property is located at 506 Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $599,000.
