485 Broadway Monticello, NY 12701

Listing office Malek Properties r***@malekproperties.com Show Phone

Listing date Jul 10, 2024

Source Exitrealty

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Investment Insights

Based on property information with market context.

This four-unit, ground-floor building is located on Broadway and is in turn-key condition. The structure features a new roof, new gutters, and new soffits. The crawl space contains new water pipes, a water meter, a sump pump, and foam insulation. Electric meters have been separated for easy billing. The camera system can hold approximately two weeks of footage. One tenant rents both the restaurant space and a small office with an entry around the corner. The office space for rent includes a kitchen, an open room, and a bathroom. The other office is small, with room for a desk and storage. The property size is 6922 square feet. Financials are available for serious buyers. The cap rate is 7.7%.

Key Highlights

• 7.7% Cap Rate
• Turn‑key condition four‑unit building
• Prime location in the middle of town on Broadway

Property Analytics

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FAQs

What type of property is this?

Storefront property - Turn-key four-unit building with long-term tenants on Broadway.

Where is this storefront property located?

The property is located at 485 Broadway Monticello, NY.

What is the asking price?

The asking price for this property is $449,000.

What are key features of this property?

This property features: 7.7% Cap Rate; Turn‑key condition four‑unit building; Prime location in the middle of town on Broadway