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    Monticello Medical Office Building For Sale Title is generated by Realmo AI

    55 Sturgis Rd, Monticello, NY 12701

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    Fully leased medical office building near local amenities and Route 17.

    Type:Office
    Property size:
    8,868 SF
    Price / SF:
    $261/SF
    Added:
    Feb 4, 2026
    Days on Market:
    152
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 55 Sturgis Rd

    General Information

    Standard status
    Active
    Size
    8,868 SF
    Property subtype
    Office

    Building Details

    Year Built
    2009

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    James DeSimone
    James DeSimone

    Listing office Cushman & Wakefield Pyramid Brokerage Company - Newburgh, New York

    Listing date Feb 4, 2026

    Source Crexi

    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 Cushman & Wakefield Pyramid Brokerage Company - Newburgh, New York

    HighLights

    • Fully leased medical office building with VA clinic and physical therapy tenants.
    • Excellent accessibility, minutes from NYS Route 17.
    • Over 50 on‑site parking spaces.
    • Built in 2009.
    • Located in the Village of Monticello, NY on Sturgis Road.
    • Monument signage in front of the building.

    Overview

    This fully leased medical office building, constructed in 2009, is located on Sturgis Road in the Village of Monticello, NY. The property is occupied by a VA clinic and a physical therapy practice. It features over 50 parking spaces on-site and monument signage in front of the building. The location offers convenient access to local amenities and restaurants, and is situated just minutes from NYS Route 17. This property presents an opportunity for investors interested in medical office buildings and government-leased properties. The building has a size of 8,868 square feet.

    Local Financial Insights For Healthcare Medical

    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 $239.4k $27.00
    − Vacancy −$23.9k −$2.70
    EGI $215.5k $24.30
    − OpEx −$86.2k −$9.72
    NOI $129.3k $14.58
    8,868 SF · lease $27.00/SF/yr · vacancy 10.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.85M
    $1.62M – $2.15M (±1% cap)
    NOI $129,295 @ 7.0% cap · market cap 5.57%
    Second Best
    Office B
    $1.78M
    $1.56M – $2.08M (±1% cap)
    NOI $124,507 @ 7.0% cap · market cap 5.37%
    Theoretical Best
    Office A
    $2.43M
    $2.13M – $2.84M (±1% cap)
    NOI $170,266 @ 7.0% cap · market cap 7.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Monticello VA Clinic Medical Clinic Premier Care Physical ... Physician Michael J. Parlapiano, ... Physician M G Catskill ... Property Management Company Shane Allen Weigand Physician

    Suggested Use

    Building Supply Spa & Massage Center Auto Parts Store Storage Facility Kitchen & Bath Showroom Big Box & Wholesale Store Gym & Fitness Center Electrical Service Parking Lot & Garage Garden 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
    -74.6946506
    Latitude
    41.6598246

    FAQs

    What type of property is this?
    Medical Office Space - Fully leased medical office building near local amenities and Route 17.
    Where is this medical office space located?
    The property is located at 55 Sturgis Rd Monticello, NY.
    What is the asking price?
    The asking price for this property is $2,320,000.
    What are key features of this property?
    This property features: Fully leased medical office building with VA clinic and physical therapy tenants.; Excellent accessibility, minutes from NYS Route 17.; Over 50 on‑site parking spaces.
    More about this property
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