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Apartment Buildings Townhome Development
For Sale
$6,999,900

530 W Broadway, Monticello, NY 12701

Commercial Sale, Monticello, NY

Property SizeContact for details
Lot Size15.12 Acres
Days on Market831

Property Features for 530 W Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning RM
Parking features Garage, Parking Lot
Appliances Electric Water Heater
Subdivision Monticello Crescent Luxury To
Lot features Level, Part Wooded
Elementary school district Monticello
Middle school district Monticello
High school district Monticello
Standard status Active
APN 4601-109-0-0001-025-011
Lot size 15.12 Acres

Taxes and HOA fees

Tax Year 2023

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2023
Floors in Building 2
Number of units 187
Listing Agency: Keller Williams Realty
Listed By: Melinda White · License #10301219669
Added: May 28, 2024 Changed: Aug 20 Last Checked: Sep 5 at 5:06PM
MLS# H6307280

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.

An RM-zoned apartment buildings townhome development on 15.12 acres with 187 total units planned. Eight units are completed, leased, and generating income, while 179 units are ready to build. The project is designed with three levels of living and includes garages, with infrastructure already in place including drainage ponds and underground utilities. Road cuts and clearing are complete, and building permits can be pulled immediately.

The property is located just off Highway 17/86 near Monticello, NY, with access to the area’s retail and entertainment draw. Parking is provided via parking lot and garage.

For building systems, the project includes forced air electric heating, central air conditioning, electric water heating, and public water and public sewer services.

Key Highlights

  • 15.12‑acre townhome development with 187 total units planned
  • 8 units completed and leased; 179 units ready to build
  • RM zoning

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Skin Care Clinic Auto Parts Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

187
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby

Demographics for 12701, NY

12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - RM-zoned 15.12-acre project with 8 townhome units completed and leased, and 179 ready to build.
Where is this apartment building located?
The property is located at 530 W Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $6,999,900.
What are key features of this property?
This property features: 15.12‑acre townhome development with 187 total units planned; 8 units completed and leased; 179 units ready to build; RM zoning
More about this property
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