461 Broadway Monticello, NY 12701-1738
This exceptional 4,468-square-foot single-tenant medical office building presents a unique investment opportunity in Monticello's central business district. Situated on a 2.999-acre lot at the prominent corner of Broadway and Lakewood, this one-story, 1978-constructed building offers significant potential for a variety of uses, including medical clinics, general offices, or retail establishments. The property boasts ample parking with 20 spaces on-site, supplemented by convenient municipal parking nearby. Currently vacant, the building is ready for immediate occupancy. The zoning is B-2 Business, allowing for diverse commercial applications. Utilities are serviced by NYSEG. The property features a modified triple net lease structure, with the landlord covering base taxes at lease signing; any tax increase beyond the base amount will be the tenant's responsibility. The building's interior is currently empty, with illustrative photos showcasing previous tenant furnishings (which have been removed). The property's Assessor's Parcel Number (APN) is 4601-115-0-0006-001-000, located in Sullivan County. This is a rare opportunity to acquire a well-located, spacious commercial building in a thriving area. Don't miss this chance to establish your business in a prime Monticello location.
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Law office of Billig, Loughlin & Silver, LLP Law Firm
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Billig, Loughlin & Silver, LLP Law Firm
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
RM · 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.