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    485 Broadway Monticello, NY 12701
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    Property profile & analytics

    485 Broadway, Monticello, NY 12701

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    • Investment properties
    • 3,461 SF
    • 0.17 lot acres
    Four-Unit Building on Broadway For Sale
    $460,000
    6,922 SF

    Four-Unit Building on Broadway

    Four-unit building in Monticello with long-term tenants and vacant spaces.

    485 Broadway, Monticello, NY 12701
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    Property ID
    US63-0129818
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Annie’s HomeStyle Kitchen / Restaurant
    • Angel Nails / Nail Salon

    Property Details for 485 Broadway

    Year built
    1930
    Lot size
    0.17 lot acres
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    484601 111.-7-5
    APU
    48460111175

    Description

    This exceptional retail property, situated on Broadway in the heart of Monticello, NY, presents a compelling investment opportunity. The 6,922 square foot building sits on a 0.17-acre lot and comprises four units, currently boasting two long-term tenants. One tenant occupies both a restaurant space and a smaller office space with a separate entrance. The office space includes a kitchen, open area, and bathroom. The second office unit offers space for a desk and storage. The building has undergone significant recent improvements, including a new roof, new gutters, and new soffits. The crawl space has been completely renovated with new water pipes, a new water meter, a new sump pump, and added foam insulation. For simplified billing, individual electric meters have been installed for each unit. A security camera system is in place, capable of storing approximately two weeks of footage. This turnkey property offers a strong 7.7% cap rate, and detailed financial information is available upon request for qualified buyers. This is a rare chance to acquire a well-maintained, high-traffic retail building in a desirable location. The property's strong tenancy and recent upgrades make it an attractive investment for those seeking a stable and profitable commercial venture.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

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    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6899
    Latitude
    41.6555

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $18,700
    $79,700
    $98,400
    -
    $37,400
    $159,400
    $196,800
    View Listing
    More about this property
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