589-593 W Broadway, Monticello, NY 12701

Building Details

Year Built

1930

Listing office A***@catskillshomeservices.com Show Phone

Listing date Jun 20, 2026

Source Elliman

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All listing content including descriptions, pricing, images are the copyrighted material of Alan R. Wieder

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Overview

This for-sale multifamily property consists of three separate apartment buildings containing 13 rental units. The unit mix is diversified, including three one-bedroom apartments, eight two-bedroom apartments, and two three-bedroom apartments. Several units have been recently renovated, supporting tenant appeal and helping reduce immediate capital needs while leaving room for additional improvements.

The property is located in the Village of Monticello at 589–593 W Broadway. Access appears convenient to everyday amenities and dining options, with multiple well-known retailers and restaurants referenced in the surrounding area. Regional destinations are also listed nearby, adding to the area’s appeal for both year-round residents and visitors.

With 13 units spread across three buildings, the asset offers a practical scale for an owner seeking a fully occupied residential income stream. The mix of apartment sizes can support a broader tenant base, and the combination of completed renovations plus remaining opportunity for further value adjustments may appeal to investors and operators focused on maintaining and improving a stable rental housing portfolio.

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

-74.695085

Latitude

41.656952

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FAQs

What type of property is this?

Apartment building - Fully occupied multifamily property with 13 diversified rental units across three buildings on a multi-acre parcel.

Where is this apartment building located?

The property is located at 589-593 W Broadway Monticello, NY.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Fully occupied multifamily property built in 1930 with 13 rental units across three separate buildings; 2.64‑acre parcel with space and flexibility for future value‑add improvements; Diversified unit mix: three 1‑bedroom, eight 2‑bedroom, and two 3‑bedroom apartments