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    100 Broadway Monticello, NY 12701

    Sponsored
    For Sale
    $399,900

    High-return parking garage, 100% occupied.

    Property size:
    1,319 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This fee-simple 1,319 sq ft parking garage in Monticello, NY, is currently 100% occupied by a tenant under a net lease, expiring June 3, 2024. Located at 100 E Broadway, this strategically positioned property boasts high visibility, situated near Exit 106 and prominent businesses including the Resorts World Catskills Casino and Kartrite Waterpark. The property sits on a 25,000 sq ft lot and features one building constructed in 1970, zoned EBG. The asking price is $399,900, translating to $303.18 per square foot. This represents a compelling investment opportunity for buyers seeking a high-return, fully occupied asset in a thriving commercial area. The sale includes the land and building only. The current tenant is an auto repair shop. This prime location offers excellent visibility and convenience to customers, making it an ideal investment for those seeking a stable income stream and potential for future growth. The APN is 4689-031-0-0001-014-001.

    Property Features for 100 Broadway

    General Information

    Property type
    Automotive properties
    Square Feet
    1,319 SF

    Building Details

    Year Built
    1970
    Buildings
    1
    Units
    1

    HighLights

    • $399,900 asking price for this fee simple special purpose property.
    • 1,319 square foot building on a 25,000 square foot lot in Monticello, NY.
    • 100% occupied by a single tenant auto repair shop with a net lease.
    • Prime location near Exit 106, Resorts World Catskills Casino, and Kartrite Waterpark.
    • Building was constructed in 1970 and zoned EBG.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eddie Auto Repair Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.656424466569
    Latitude
    41.646997276714

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    FAQs

    What type of property is this?
    Automotive property - High-return parking garage, 100% occupied.
    Where is this automotive property located?
    The property is located at 100 Broadway Monticello, NY.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: $399,900 asking price for this fee simple special purpose property.; 1,319 square foot building on a 25,000 square foot lot in Monticello, NY.; 100% occupied by a single tenant auto repair shop with a net lease.
    Request Owner's contact information
    100 Broadway Monticello, NY 12701
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    Monticello, NY 12701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Broadway Monticello, NY 12701
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