485 Broadway Monticello, NY 12701
Property profile & analytics
485 Broadway Monticello, NY 12701
- Investment properties
- 3,461 SF
- 0.17 lot acres
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.
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
- Property size
- 3,461 SF
- 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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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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
