417 Broadway Monticello, NY 12701
- Commercial land
- 0.57 lot acres
Current Use by Public Records
- Commercial land
Property Details for 417 Broadway
- Year built
- 1919
- Lot size
- 0.57 lot acres
- Zone code
- RM
- Property type
- Commercial land
- APN
- 484601 115.-6-15
- APU
- 484601115615
Description
This exceptional investment opportunity presents two contiguous commercial land parcels totaling approximately 68,394 square feet (0.56 to 1.01 acres) located at 417 Broadway in Monticello, New York, zip code 12701. The property is zoned B-2, offering versatile development options. Parcel 1 encompasses 44,000 square feet (Lots 13, 14, 15, and 17), allowing for a three-story building (52,800 square feet) "as of right," with the potential to expand to seven stories (up to 123,200 square feet) with a special use permit. A 40% lot coverage is permitted. Parcel 2 comprises 24,394 square feet (Lot 19), also permitting a three-story building (29,272 square feet) "as of right," expandable to seven stories (up to 68,301 square feet) with a special use permit, and a 40% lot coverage. This prime location is in the heart of Monticello, within walking distance of banks, restaurants, and shopping, and minutes from the Monticello Racetrack. Convenient access to Route 17 enhances its appeal. The property is ideal for a variety of uses, including residential, retail, office, school, or religious facilities. The asking price for this exceptional development site is $2,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monticello
- County
- Sullivan
- State
- New York
- Longitude
- -74.6856
- Latitude
- 41.6543
