Property profile

Monticello, NY 12701

OFF-MARKET
Retail properties & Spaces
9,000 SF
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Property summary

AI-generated overview

This vacant, fee-simple commercial lot, totaling 9,000 square feet (approximately 150 feet by 60 feet), is situated on East Broadway in Monticello, New York, at the intersection of East Broadway and Fraser Avenue. Located in Sullivan County's commercial district, this property presents a unique opportunity for development. The asking price is $249,000, translating to $27.67 per square foot. The lot size is 0.21 acres. Given its prime location in the heart of Monticello, just 90 miles from New York City, this property offers excellent visibility and accessibility. The property is currently vacant and available for immediate development. The lease type is gross, and the tenancy is single. The property is suitable for a variety of commercial uses, including convenience stores, quick-service restaurants (QSR), and storefronts. This is a fee simple ownership opportunity. The property is zoned for commercial use. This location offers high traffic volume and is within a thriving commercial district. The property's strategic position makes it an attractive investment for entrepreneurs seeking a high-impact location in the Catskill region.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Monticello, NY 12701
Monticello metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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