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    530 W Broadway Monticello, NY 12701

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    For Sale
    $6,999,900

    187-unit townhome complex with 8 units completed and generating income.

    Property size:
    12,768 SF
    Price / SF:
    $548/SF
    Added:
    May 27, 2024
    Days on Market:
    711
    Last Refresh:
    Apr 1 at 9:31 pm

    Property Features for 530 W Broadway

    General Information

    Standard status
    Active
    Size
    12,768 SF
    Property subtype
    Other

    Building Details

    Year Built
    2023

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    Listing Contact
    Melinda White

    Listing agent Melinda White

    Listing office Keller Williams Realty

    Listing date May 27, 2024

    Source Xome

    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 Keller Williams Realty

    HighLights

    • Shovel‑ready 187‑unit townhome complex with 8 units already completed, leased, and generating income.
    • Fully approved project in a prime location, offering a unique opportunity for immediate development.
    • Infrastructure largely in place, including drainage ponds and underground utilities, with road cuts and clearing complete.
    • Designed as a high‑end/luxury market rate rental project, with the option to convert to individually owned townhomes.
    • Conveniently located off Highway 17/86 and minutes from Bethel Woods, Resorts World, and downtown Monticello.
    • Scenic views of the Catskills and new construction (Year Built: 2023).

    Overview

    Approved Townhome Project in Monticello

    This is a 187-unit townhome complex with 8 units completed, leased, and generating income, with 179 units ready to build. The project is designed and marketed as a high-end luxury market rate rental project and can be converted to individually owned townhomes if desired. The current unit layouts offer 3 levels of living, with garages and a metro design concept with functional flow, utility, and natural light. Most of the infrastructure is already in place, from drainage ponds to underground utilities. Road cuts and clearing are complete, and building permits can be pulled immediately. The property is located just off Highway 17/86 and minutes from Bethel Woods, Resorts World, and downtown Monticello, offering scenic views of the Catskills. The property size is 12768 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6940081
    Latitude
    41.6574199

    FAQs

    What type of property is this?
    Apartment building - 187-unit townhome complex with 8 units completed and generating income.
    Where is this apartment building located?
    The property is located at 530 W Broadway Monticello, NY.
    What is the asking price?
    The asking price for this property is $6,999,900.
    What are key features of this property?
    This property features: Shovel‑ready 187‑unit townhome complex with **8 units already completed, leased, and generating income**.; Fully approved project in a prime location, offering a unique opportunity for immediate development.; Infrastructure largely in place, including drainage ponds and underground utilities, with road cuts and clearing complete.
    More about this property
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