Listing Agency: Brown Harris Stevens Garden City e***@bhsusa.com Show Phone

Listed By: David Sargoy · License #NY

Source: Crexi

Added: Jun 1, 2023 Changed: Aug 8 Last Checked: Jul 16 at 4:04AM

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Investment Insights

Based on property information with market context.

This development site is positioned in downtown Monticello, directly across from the Mountain Shopping Mall. The location offers proximity to banks, food establishments, and shopping, all within walking distance. The site is suitable for retail, office, medical, hotel, or religious use. The Monticello Racetrack is located a short distance away.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Skin Care Clinic Auto Parts Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

450

Businesses Nearby

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 Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Development site ideal for retail, office, medical, or hotel.

Where is this commercial land located?

The property is located at 320 E Broadway Monticello, NY.

What is the asking price?

The asking price for this property is $2,500,000.