366 Broadway Monticello, NY 12701-8845
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
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
EBV · Monticello, NYMonticello. Always verify with local authorities before improvements.
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.