Monticello, NY 12701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.