Automotive Service Property with Fenced
For Sale
$1,150,000
47 Cooper Road, Monticello, NY 12701
Commercial Sale, Monticello, NY
Property Size4,000 SF
Lot Size2.01 Acres
Price / SF$287.50
Days on Market114
Property Features for 47 Cooper Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC2 RR2
Parking
300
Parking features
Parking Lot, Off Street, Driveway, Garage
Appliances
Electric Range, Electric Water Heater, Microwave, Refrigerator
Lot features
Cleared, Level, Private
Elementary school district
Monticello
Middle school district
Monticello
High school district
Monticello
Directions
Follow Coopers Corners Rd until you see the Interstate Auto shop sign. Follow gravel road (Cooper Rd) up and keep to the right until you see the fenced in auto shop.
Standard status
Active
APN
4689-011-0-0001-041-012
Lot size
2.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6999
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air, Oil
Cooling system
Ductless
Water source
Well
Amenities
15-foot ceilings
10-foot overhead doors
office space
lobby area
storage
Building Details
Number of units
1
Flooring type
Tile, Concrete
Building materials
Frame, Vinyl Siding, Wood Siding
Listing Agency:
KW Hudson Valley United · Keller Williams Realty
(845) 610-6065
Listed By:
Alyse Toffel · License #10401312176
(518) 491-2585
Added: Apr 29
Changed: Aug 20
Last Checked: Aug 20 at 1:06PM
MLS# 992651
Copyright © 2026 OneKey MLS. 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 automotive service property includes an approximately 4,000-square-foot building on 2.01 acres. Improvements include multiple service bays, 15-foot ceilings, 10-foot overhead doors, office and lobby areas, storage space, tile and concrete flooring, forced-air oil heat, and ductless cooling. The site has a parking lot, driveway, garage, and a large fenced yard. Water is supplied by a well, with septic service in place.
The property is located at 47 Cooper Road in Monticello, Sullivan County, with access to NY-17/I-86 and proximity to the Village of Monticello. Zoning is HC2 RR2. Special permitting allows storage for up to 300 vehicles, supporting the existing automotive use and vehicle-oriented site configuration. The property also includes usable land beyond the building area for additional outdoor storage or future site improvements, subject to applicable approvals.
The property is located at 47 Cooper Road in Monticello, Sullivan County, with access to NY-17/I-86 and proximity to the Village of Monticello. Zoning is HC2 RR2. Special permitting allows storage for up to 300 vehicles, supporting the existing automotive use and vehicle-oriented site configuration. The property also includes usable land beyond the building area for additional outdoor storage or future site improvements, subject to applicable approvals.
Key Highlights
- Approximately 4,000‑square‑foot automotive facility on 2.01 acres
- 15‑foot ceilings with 10‑foot overhead doors and multiple service bays
- Special permitting allows storage for up to 300 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,283
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$965,660
$965.7K
Cap Rate 7%
$689,757
$689.8K
Cap Rate 9%
$536,478
$536.5K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$72.0K $18.00/SF
− Vacancy
−$3.0K −$0.76/SF
EGI
$69.0K $17.24/SF
− OpEx
−$20.7K −$5.17/SF
NOI
$48.3K $12.07/SF
Area
Sullivan County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$965,660
Cap Rate 7%
$689,757
Cap Rate 9%
$536,478
Alternative Uses
Best Use
Retail
$689.8K
$603.5K – $804.7K
NOI $48,283 @ 7.0% cap · market cap 4.20%
Second Best
Industrial
$478.7K
$418.8K – $558.5K
NOI $33,507 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.10M
$960.0K – $1.28M
NOI $76,800 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
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 Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Payne Auto Towing & Recovery — 246 Gale Rd, Mongaup Valley, NY 12762
- Interstate Auto — 47 Coopers Corners Rd, Monticello, NY 12701
Frequently Asked Questions
What type of property is this?
Auto shop - NNN-leased automotive facility with service bays, office space, and a fenced vehicle-storage yard.
Where is this auto shop located?
The property is located at 47 Cooper Road Monticello, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Approximately 4,000‑square‑foot automotive facility on 2.01 acres; 15‑foot ceilings with 10‑foot overhead doors and multiple service bays; Special permitting allows storage for up to 300 vehicles
