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    366 Broadway Monticello, NY 12701

    Sponsored
    For Sale
    $950,000

    High-traffic retail space, fully occupied.

    Property size:
    6,390 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional retail building, situated at 366 Broadway in the vibrant heart of Monticello, New York, presents a compelling investment opportunity. Spanning 6,390 square feet and situated on a 0.36-acre lot, this property boasts a prime location with excellent visibility and ample parking, ensuring high foot traffic and convenient access for customers. Currently 100% occupied, this building offers immediate and consistent rental income. Its excellent condition minimizes the need for immediate capital expenditures, allowing for a smooth transition for the new owner. The building's strategic location within the village ensures easy access to a thriving community and a strong customer base. This is an ideal acquisition for investors seeking a stable, high-performing retail property in a desirable location. The property's size and layout are well-suited for a variety of retail businesses, offering flexibility and potential for future growth. The substantial parking available significantly enhances the property's appeal to both tenants and customers. This turnkey operation presents a rare opportunity to acquire a profitable and well-maintained retail asset in a bustling New York village. The asking price is $950,000. Serious inquiries only.

    Property Features for 366 Broadway

    General Information

    Property type
    Retail properties
    Square Feet
    6,390 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Everyday Apparel & Awards Embroidery Shop J S Soft ... Ice Cream Shop Knit One Needlepoint ... Needlework Shop Monticello Foot Care Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan County
    State
    New York
    Longitude
    -74.68034
    Latitude
    41.65369

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, fully occupied.
    Where is this retail property located?
    The property is located at 366 Broadway Monticello, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    (845) 796-1985
    Request Owner's contact information
    366 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
    366 Broadway Monticello, NY 12701
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