Monticello Mixed-Use
57 Forestburgh Rd Monticello, NY 12701
57 Forestburgh Rd, Monticello, NY, 12701
$437,500
For Sale
$437,500
Mixed-use building in high-traffic location, ideal for business exposure.
Property Size1,776 SF
Price / SF$246.34
Days on Market74
Property Features for 57 Forestburgh Rd
General Information
- Standard status
- Active
- Size
- 1,776 SF
- Property subtype
- Commercial
Listing agency
Land and Water Realty LLC
(845) 798-2106
Listed by
Krystal Drown · License #10401340763
(845) 798-2106
Source
Elliman
Added: May 9 Updated: Jul 10 at 3:57PM Checked: Jul 21 at 5:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Land and Water Realty LLC
Investment Insights
Based on property information with market context.
Located at 57 Forestburgh Road in Monticello, this 1,776 square foot building includes an additional 400 square foot garage. The property is situated in a high-visibility, high-traffic location. Currently operating as a salon, the property offers immediate income potential and the flexibility for various business ventures. The building is serviced by municipal water and sewer. Positioned 1.5 miles from State Route 17, the location benefits from accessibility and traffic flow. It is approximately 10 minutes from Resorts World Catskills and about 2 hours from New York City. This location is suited to capture both local and destination clientele. The property is a versatile opportunity in a growing Sullivan County market. The bike score is 44, indicating it is somewhat bikeable, and the walk score is 72, indicating it is very walkable.
Key Highlights
- High‑visibility, high‑traffic location ideal for business exposure
- Currently operating as a well‑established salon, offering immediate income potential
- Conveniently located 1.5 miles from State Route 17 and only 10 minutes to Resorts World Catskills
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $18.00 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $30.6k | $17.24 |
| − OpEx | −$9.2k | −$5.17 |
| NOI | $21.4k | $12.07 |
1,776 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$306.3K
$268.0K – $357.3K
NOI $21,438 @ 7.0% cap · market cap 4.90%
Second Best
Mixed Use
$217.7K
$190.5K – $254.0K
NOI $15,238 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$487.1K
$426.2K – $568.3K
NOI $34,099 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Noel Vincente Salon
Nail Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building in high-traffic location, ideal for business exposure.
Where is this mixed-use property located?
The property is located at 57 Forestburgh Rd Monticello, NY.
What is the asking price?
The asking price for this property is $437,500.
What are key features of this property?
This property features: High‑visibility, high‑traffic location ideal for business exposure; Currently operating as a well‑established salon, offering immediate income potential; Conveniently located 1.5 miles from State Route 17 and only 10 minutes to Resorts World Catskills
