Four-Unit Building on
For Sale
Contact for pricing
485 Broadway, Monticello, NY 12701
Four-unit building in Monticello with long-term tenants and vacant spaces.
Property Size6,922 SF
Price / SF$64.87
Days on Market770
Property Features for 485 Broadway
General Information
Standard status
Active
Size
6,922 SF
Property subtype
Retail, Office
Zoning
B1
Occupancy
50%
Lease Type
Gross
Building Details
Units
4
Tenancy
Multi
Listing Agency:
Malek Properties
(845) 798-2300
Listed By:
Carol Malek · License #NY 31MA1121533
Source:
Crexi
Added: Jul 22, 2024
Changed: Aug 21
Last Checked: Aug 26 at 7:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Malek Properties
Investment Insights
Based on property information with market context.
Located on Broadway, this four-unit, ground-floor building is in turnkey condition. It features two spaces ready for rental and two long-term tenants. One office space includes a kitchen, an open room, and a bathroom. The other is a small office with room for a desk and storage. The structure has 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 billing purposes. A camera system holds approximately two weeks of footage. The property size is 6922 square feet. This property is intended for commercial real estate, office, retail, and storefront use.
Key Highlights
- Strong cap rate.
- Four‑unit building in turn‑key condition.
- Two long‑term tenants in place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
Wendy's
Dining
10,288 visits/mo
0.3 miles
Chase Bank
Shops & Services
9,819 visits/mo
0.2 miles
Dollar General
Shops & Services
6,966 visits/mo
0.4 miles
Gulf Oil
Shops & Services
5,852 visits/mo
0.2 miles
TD Bank
Shops & Services
4,723 visits/mo
0.0 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Four-unit building in Monticello with long-term tenants and vacant spaces.
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: Strong cap rate.; Four‑unit building in turn‑key condition.; Two long‑term tenants in place.
