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    Property profile

    242 Broadway Monticello, NY 12701

    OFF-MARKET
    Office buildings
    Property ID
    US63-2700103
    2,755 SF 0.26 ac lot Built 1970
    Entity Owned 21-yr Hold ~ Est. High Equity
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    Property summary

    AI-generated overview

    This exceptional 4,723 square foot brick office building, formerly a residence, enjoys a prominent position on busy East Broadway in Monticello, NY. The main level features three private offices/bedrooms, plus a large main office or reception area near the entrance. Upstairs, three additional rooms, currently used for storage, offer significant potential for expansion or additional office space

    Property profile

    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Total area 2,755 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code EBV
    APN 484601 113.-6-2.3
    UPID US63-2700103

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Insurance Agency
    • Law Firm
    2 occupants on record

    Location

    242 Broadway Monticello, NY 12701-8818
    Monticello metro Census 951801
    Google Maps

    Value estimations

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    Blend (final) Blend
    $175k

    Owner & transaction history

    2 recorded transactions
    1969
    Price N/A
    1969
    Price N/A

    Zoning & alternative use

    EBV · Monticello, NY
    Zoning description

    achment 7 - B-2 District Schedule of Use, Area and Bulk Regulations Attachment 8 - BLI District Schedule of Use, Area and Bulk Regulations Attachment 9 - SCAHFD Schedule of Use, Area and Bulk Regulations Attachment 10 -…

    General category UNKNOWN

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $510,000
      20,000 SF
      33 Plz Dr
      OFFICE BUILDING
      33 Plz Dr, Monticello, NY 12701-3821
      View Details
    • Value Estimation
      $320,000
      1,814 SF
      372 Broadway
      OFFICE BUILDING
      372 Broadway, Monticello, NY 12701-8825
      View Details
    • Value Estimation
      $195,000
      1,200 SF
      405 Broadway
      OFFICE BUILDING
      405 Broadway, Monticello, NY 12701-1377
      View Details
    • Value Estimation
      $215,000
      2,100 SF
      125 Jefferson St
      OFFICE BUILDING
      125 Jefferson St, Monticello, NY 12701-1178
      View Details
    • Value Estimation
      $360,000
      8,972 SF
      33 Lakewood Ave
      OFFICE BUILDING
      33 Lakewood Ave, Monticello, NY 12701-2020
      View Details
    • Value Estimation
      $175,000
      3,300 SF
      42 Smt Ave
      OFFICE BUILDING
      42 Smt Ave, Monticello, NY 12701-1881
      View Details

    Similar Nearby for Sale

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    • New
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    Similar Nearby for Lease

    • New
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    • New
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    • $1,650/Mo
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    • New
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    • New
      $500/Mo
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      Private office spaces with individual heating and A/C, utilities plus WiFi included, and a shared waiting room and kitchenette.
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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