58 Pleasant StMonticello, NY 12701

Property Details for 58 Pleasant St

Year built

1940

Lot size

0.29 AC

Property size (Sq ft)

1,536 SF

Zone code

B1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

484601 112.-4-25

APU

484601112425

Description

This exceptional commercial property, located at 58 Pleasant Street in the desirable Monticello Village, presents a unique investment opportunity. The 2,302 square foot building sits on a 0.29-acre lot and is currently configured as office space, offering immediate income potential. Its prime location on Route 42/Pleasant Street ensures high visibility and accessibility, complemented by a large paved off-street parking lot for ample client and employee parking. The building features attractive amenities including radiant oil heating, durable all-tile flooring throughout, spacious decks, a convenient ramp for accessibility, two bathrooms, and a functional kitchenette. The B-1 zoning allows for a variety of uses, providing flexibility for future development and expansion. This turnkey property is ready for immediate occupancy and offers significant upside potential for savvy investors seeking a strong return on investment in a thriving community. The building's current configuration as office space makes it an ideal choice for businesses seeking a move-in ready solution, while the zoning flexibility opens doors to a wide range of alternative commercial ventures. The combination of location, amenities, and zoning makes this a truly compelling opportunity in the heart of Monticello Village. The property's above-ground fuel tank is an additional feature to note.

• CAP approach

  CAP return

  Valuation

  6%

  $381,566

  6.5%

  $352,215

  7%

  $327,057

• Comparable approach

  Method

  Valuation

  Relative Method

  $202,043

  Geo Method

  $200,694

• Alternative Use

  Use

  Valuation

  Residential

  $436,747

  Hospitality

  $400,058

  Educational

  $332,843

  Medical

  $344,290

  Retail

  $517,756

Location Insight

City

Monticello

County

Sullivan

State

New York

Latitude

41.6574

Longitude

-74.6801

Property Tax & Assessments

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