Monticello Multi-Family Commercial
For Sale
$630,000
Pending
135-149 Wildcat Rd, Monticello, NY 12701
Multi-family and commercial property on over 6 acres in Monticello.
Property Size4,195 SF
Lot Size6.18 Acres
Days on Market211
Property Features for 135-149 Wildcat Rd
General Information
Standard status
Pending
Size
4,195 SF
Lot size
6.18 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,852
Building Details
Building Size
4,195 SF
Year Built
1940
Units
5
Listing Agency:
ELLIOTT AND POMEROY INC
Listed By:
Mary B Hovanec · License #10301215574
(607) 339-6140
Source:
Elliman
Added: Mar 10
Changed: Sep 21
Last Checked: Oct 5 at 6:14PM
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 ELLIOTT AND POMEROY INC
Investment Insights
Based on property information with market context.
Located in Monticello, Thompson township, this multi-family and commercial property is set on over 6 acres. The property features a two-story farmhouse that is in the process of being remodeled, with upgraded systems and construction upgrades awaiting completion. Additionally, there is a ranch home and a sectional manufactured home, both in fixer conditions. The property also includes a large carport, horse stalls barn, and a 55x100 commercial barn/warehouse. Situated on a quiet cul-de-sac, the property is still close to all amenities.
Key Highlights
- Multi‑family and commercial property on over 6 acres.
- Two‑story farmhouse (in process of remodel with upgraded systems).
- Features a large 55x100 commercial barn/warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,671
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,420
$853.4K
Cap Rate 7%
$609,586
$609.6K
Cap Rate 9%
$474,122
$474.1K
Market Conditions
NOI Build-Up for 4,195 SF
Gross rent
$53.9K $12.84/SF
− Vacancy
−$3.7K −$0.87/SF
EGI
$50.2K $11.97/SF
− OpEx
−$7.5K −$1.80/SF
NOI
$42.7K $10.17/SF
Area
Sullivan County, NY
Vacancy
6.80%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,420
Cap Rate 7%
$609,586
Cap Rate 9%
$474,122
Alternative Uses
Best Use
Warehouse
$609.6K
$533.4K – $711.2K
NOI $42,671 @ 7.0% cap · market cap 6.77%
Second Best
Mixed Use
$514.2K
$449.9K – $599.9K
NOI $35,993 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,544 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-family and commercial property on over 6 acres in Monticello.
Where is this mixed-use property located?
The property is located at 135-149 Wildcat Rd Monticello, NY.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Multi‑family and commercial property on over 6 acres.; Two‑story farmhouse (in process of remodel with upgraded systems).; Features a large **55x100 commercial barn/warehouse**.
