Mixed-Use Storefront
New
For Sale
$799,000
458 Broadway, Monticello, NY 12701
Open interior layout includes a private office and two restrooms for day-to-day commercial operations.
Days on Market2
Property Features for 458 Broadway
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Building Size
5,940 SF
Buildings
7
Listing Agency:
Curasi Realty
(914) 562-1292
Listed By:
Marie Savage · License #10401302009
(914) 562-1292
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 11:02AM
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 Curasi Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial building is currently operating as a retail business and features an open-concept floor plan with product display areas, a private office, and two restrooms. Municipal water and sewer serve the property. The flexible layout is described as suitable for retail, professional office, medical, restaurant, fitness, personal services, boutique, gallery, and specialty commercial uses.
Located on Broadway in the Village of Monticello's Central Business District, the property offers storefront exposure and access to pedestrian and vehicle activity along the corridor. The building is minutes from NYS Route 17 / Interstate 86, with connections throughout Sullivan County and the greater Hudson Valley region. Subject to municipal approvals, the property may support construction of a second floor for professional office suites, residential apartments, or additional mixed-use space.
Located on Broadway in the Village of Monticello's Central Business District, the property offers storefront exposure and access to pedestrian and vehicle activity along the corridor. The building is minutes from NYS Route 17 / Interstate 86, with connections throughout Sullivan County and the greater Hudson Valley region. Subject to municipal approvals, the property may support construction of a second floor for professional office suites, residential apartments, or additional mixed-use space.
Key Highlights
- Currently operating as a retail business with an open‑concept floor plan
- Private office and two restrooms included
- Municipal water and sewer
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 | $106.9k | $18.00 |
| − Vacancy | −$4.5k | −$0.76 |
| EGI | $102.4k | $17.24 |
| − OpEx | −$30.7k | −$5.17 |
| NOI | $71.7k | $12.07 |
5,940 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,398 @ 7.0% cap · market cap 10.44%
Second Best
Retail
$1.02M
$896.3K – $1.20M
NOI $71,701 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,048 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
838
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Open interior layout includes a private office and two restrooms for day-to-day commercial operations.
Where is this mixed-use property located?
The property is located at 458 Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Currently operating as a retail business with an open‑concept floor plan; Private office and two restrooms included; Municipal water and sewer
