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    57 Forestburgh Rd Monticello, NY 12701

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    For Sale
    $450,000

    Well-maintained commercial/residential property with high visibility in Monticello, NY.

    Lot size:
    0.23 Acres

    Property Features for 57 Forestburgh Rd

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1928

    Source: R J Katz Realty Agent Harold B. Reynolds

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial/Residential Property in Monticello

    Located in the heart of the Village of Monticello, this well-maintained building offers high visibility on State Route 42. Zoned commercial/residential, the property is currently used as a hair salon but can be converted into a residence with a private professional suite. The building features a modern, open floor plan, and the second level can be converted to residential space. It is equipped with municipal water and sewer services. The property includes paved private parking and a two-car detached garage. Sullivan County is one of New York State's fastest-growing counties. The location is within walking distance of shopping, restaurants, banking facilities, a gym, the library, bus transportation, and the Government Center. It is also a short drive to Bethel Woods Performing Arts Center, Resorts Catskill Casino, and The Kartrite Indoor Waterpark. Heating is provided by above-ground oil. The property offers various possibilities for business and residential use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Noel Vincente Salon 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
    -74.7542727
    Latitude
    41.5512566

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    FAQs

    What type of property is this?
    Retail space - Well-maintained commercial/residential property with high visibility in Monticello, NY.
    Where is this retail space located?
    The property is located at 57 Forestburgh Rd Monticello, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High visibility location on State Route 42, zoned Commercial/Residential.; - Well-maintained building suitable for business and residential use.; - Modern open floor plan with potential for residential conversion on the second level.
    (845) 798-2126
    Request Owner's contact information
    57 Forestburgh Rd Monticello, NY 12701
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    57 Forestburgh Rd
    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
    57 Forestburgh Rd Monticello, NY 12701
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