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Quadplex With Approved Commercial 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 Market175

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 21 at 6:06AM
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.

Quadplex (four-family) property at 348 Route 32 in Monroe, NY, offered as a 2-acre frontage site. The property is currently under construction and includes a basement. The sale includes an approved variance for commercial usage for a street-adjacent section of the parcels, supporting future mixed-use development.

Delivery can be arranged either vacant or with tenants in place, based on the purchaser’s preference. The property is located within 1.5 miles from major throughways and Woodbury Common Premium Outlets. An adjacent parcel lot is also available for sale.

This offering is designed for buyers looking for a residential income property with an approved pathway to commercial and mixed-use options for the street-adjacent portion of the parcels.

Key Highlights

  • 2‑acre frontage quadplex property under construction
  • Approved variance for street‑adjacent commercial usage
  • Future mixed‑use development supported by the approved variance

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
Yes
Highway 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 - Four-family under-construction property with an approved variance for street-adjacent commercial usage.
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: 2‑acre frontage quadplex property under construction; Approved variance for street‑adjacent commercial usage; Future mixed‑use development supported by the approved variance
More about this property
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