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5 Bank St Monticello, NY 12701

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For Sale
Pending
$520,000

Unique mixed-use building near Broadway with renovation potential.

Property Features for 5 Bank St

General Information

Property type
Commercial
Standard status
Pending

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Listing Contact
Harold B. Reynolds
Source: Elliman

Listing Agency: R J KATZ REALTY Listing Agent: Harold B. Reynolds

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

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Overview

Historic Monticello Masonic Building

This grand, historic brick building, known as the "Masonic Building," was likely constructed in the early 1900s and features unique architecture. The building offers approximately 13,680 sq. ft. of space, with each of its three floors providing about 4,560 sq. ft., plus a full basement. Renovations have been initiated, including a new concrete floor and repointed stone walls in the basement to ensure watertightness. New sewer pipes and a hot water heater have been installed in the basement. The upper floors feature new subflooring throughout, with some walls removed and others reinforced. The old ceilings have been removed, and many rooms have new sheetrock. The top floor, originally the Masons' home, includes a large meeting room that remains in good condition. The building is suitable for various uses, including retail or offices on the ground floor and multiple apartments on the second and third floors. Located a few hundred feet from Broadway in the Village of Monticello, it is within walking distance of transportation, shopping, restaurants, and municipal parking. The property is approximately 1.5 hours from NYC.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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City
Monticello
County
Sullivan
State
New York
Longitude
-74.6853031
Latitude
41.6551598

FAQs

What type of property is this?
Mixed-use property - Unique mixed-use building near Broadway with renovation potential.
Where is this mixed-use property located?
The property is located at 5 Bank St Monticello, NY.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: - 13,680 sq. ft. building with full basement, offering significant space and potential.; - Prime location in the Village of Monticello, walking distance to transportation, shopping, and restaurants, and close to municipal parking.; - Permitted for retail/office space downstairs and multiple apartments on the upper floors.
More about this property
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