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Quadplex With Commercial-Use Variance
For Sale
$1,950,000

348 Route 32, Monroe, NY

2-4 Family, Mixedflr, Monroe, NY

Property SizeContact for details
Lot Size2.00 Acres
Days on Market176

Property Features for 348 Route 32

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Subdivision Monroe
Standard status Active
Lot size 2.00 Acres

Utilities

Cooling system None (Cooling)

Building Details

Architectural style Other
Listing Agency: Coldwell Banker, Fort Lee · Coldwell Banker Real Estate
Listed By: Edmond Yoo · License #10401255458 (NY)
Added: Feb 27 Changed: Aug 20 Last Checked: Aug 22 at 7:06PM
MLS# 26006434

Copyright © 2026 New Jersey MLS Inc. 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.

This under-construction quadplex is situated on approximately 2 acres and is configured as a four-family residential property. The property may be delivered vacant or with tenants in place, subject to the purchaser’s preference.

An approved variance permits commercial usage on the street-adjacent section of the parcels, supporting consideration of future mixed-use development. The property is located at 348 Route 32 in Monroe, New York, approximately 1.5 miles from major throughways and Woodbury Common Premium Outlets. An adjacent parcel is also available for purchase.

Key Highlights

  • Approximately 2 acres at 348 Route 32, Monroe, NY
  • Four‑family quadplex property under construction
  • Approved variance allows commercial usage on the street‑adjacent section of the parcels

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Under-construction four-family property with development flexibility along its street-adjacent parcel section.
Where is this quadplex located?
The property is located at 348 Route 32 Monroe, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 2 acres at 348 Route 32, Monroe, NY; Four‑family quadplex property under construction; Approved variance allows commercial usage on the street‑adjacent section of the parcels
More about this property
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