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Property profile & analytics
OFF-MARKET
Investment properties

366 Broadway Monticello, NY 12701-8845

6,390 SF 0.36 ac lot Built 1930
Individually Owned 15-yr Hold Free & Clear
Property ID
US63-1188779
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Everyday Apparel & Awards Production Facility Textile Manufacturer
  • J S Soft Serve Grocery & Convenience Store Specialty Food Shop
  • Knit One Needlepoint Too (Bike/Boat/Book/etc) Store
  • Monticello Foot Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Apparel Everyday · 15 yrs held
Apparel Everyday
since 2010
1 recorded transaction
2010
$373,500
Zoning & alternative use
EBV · Monticello, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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