Technical
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Property profile

366 Broadway Monticello, NY 12701

OFF-MARKET
Investment properties
Property ID
US63-1188779
6,390 SF 0.36 ac lot Built 1930
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail building, situated at 366 Broadway in the vibrant heart of Monticello, New York, presents a compelling investment opportunity. Spanning 6,390 square feet and situated on a 0.36-acre lot, this property boasts a prime location with excellent visibility and ample parking, ensuring high foot traffic and convenient access for customers. Currently 100% occupied, this building offers immediate and consistent rental income. Its excellent condition minimizes the need for immediate capital expenditures, allowing for a smooth transition for the new owner. The building's strategic location within the village ensures easy access to a thriving community and a strong customer base. This is an ideal acquisition for investors seeking a stable, high-performing retail property in a desirable location. The property's size and layout are well-suited for a variety of retail businesses, offering flexibility and potential for future growth. The substantial parking available significantly enhances the property's appeal to both tenants and customers. This turnkey operation presents a rare opportunity to acquire a profitable and well-maintained retail asset in a bustling New York village. The asking price is $950,000. Serious inquiries only.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1930
Total area 6,390 SF
Lot 0.36 ac (15,682 SF)
Zoning code EBV
APN 484601 112.-6-25
UPID US63-1188779

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
  • Production Facility Textile Manufacturer
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • Medical Clinic

Location

366 Broadway Monticello, NY 12701-8845
Monticello metro Census 951801
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2010
1 recorded transaction
2010
$373,500

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
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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