Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    689 Heiden Rd, Monticello, NY 12784

    7,600 SF 5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,600 square foot property, situated on five acres in Monticello, NY, presents a unique investment opportunity. Ideally located just two miles from Exit 107 off Route 17, across from the HCS Resort (formerly the Raleigh Hotel) and adjacent to Venetian Villas, this property boasts a prime Catskills location with year-round services. The existing structure, a former motel known as the Mountain Pine Motel, offers significant potential for redevelopment or restoration. The building features a 3,700 square foot footprint per floor. The first floor includes a small indoor pool, a library, nine bathrooms, a commercial kitchen, three large rooms (approximately 16' x 22'), and three standard-sized rooms. The second floor comprises fourteen rooms, each with a full bath and a small kitchenette. An outdoor pool complements the existing amenities. The property also enjoys a picturesque setting, backing up to Kiamesha Creek and a tranquil waterfall. Past approvals exist for an expansion of fourteen additional suites. Currently tax-exempt, the property's previous use as a school by a congregation suggests its adaptability to various purposes. Ideal for a camp, motel, or other commercial venture, this property offers the chance to create a dream haven or explore subdivision/development possibilities. The substantial size and prime location make this a truly remarkable opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 7,600 SF
    Lot 5 ac (217,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 689 Heiden Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message