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    18-22 Crystal St Monticello, NY 12701

    For Sale
    $15,500,000

    Office building and multifamily homes with rental income potential.

    Lot size:
    2.05 Acres

    Property Features for 18-22 Crystal St

    General Information

    Lot size
    2.05 Acres

    Building Details

    Year built
    2005

    Source: Pennywise Properties Agent Fran Limjoon-Gager

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

    Overview

    Office Building with Multifamily Homes

    The property features a large office building with a large parking lot, accompanied by three multifamily homes comprising six rental units. The office building is designed to accommodate multiple uses. Currently, the entire property is fully rented, offering immediate income potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -74.6892652
    Latitude
    41.6627165

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    FAQs

    What type of property is this?
    Office building - Office building and multifamily homes with rental income potential.
    Where is this office building located?
    The property is located at 18-22 Crystal St Monticello, NY.
    What is the asking price?
    The asking price for this property is $15,500,000.
    What are key features of this property?
    This property features: - Fully rented property generating immediate income.; - Large office building suitable for multiple uses.; - Three multi-family homes with a total of 6 rental units.
    (845) 866-7995
    Request Owner's contact information
    18-22 Crystal St 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
    18-22 Crystal St Monticello, NY 12701
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