Technical
Financial
Distress signals
Property profile

5 Bank St Monticello, NY 12701

FOR SALE
Other investment properties
Property ID
US63-4905532
10,260 SF 0.12 ac lot Built 1910
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a historic brick landmark known as the Masonic Building, located in the Village of Monticello, approximately a few hundred feet from Broadway, with nearby municipal parking and walkable access to local shopping, restaurants, and transportation. The building is approximately 13,680 square feet and is organized into three main floors of roughly 4,560 square feet each, plus a full basement level. Documented improvements include a newly poured concrete basement floor, repointed stone foundation walls intended to improve water resistance, new sewer piping, and installation of a hot water heater. Interior work has begun throughout the building, including new subflooring, removal of ceilings, structural reinforcements where needed, and new sheetrock in many rooms. A prominent feature is the original Masonic meeting hall on the top floor, a large open room that remains in good condition and reflects the building’s historic character. Zoning supports multiple potential uses, including retail stores, professional offices, restaurants, studios, and service businesses on the lower level, with potential for multiple residential apartments on the upper floors.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 10,260 SF
Lot 0.12 ac (5,151 SF)
Zoning code B2
APN 484601 112.-9-6
UPID US63-4905532

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Bank St Monticello, NY 12701
Monticello metro Census 951801
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2021
Last sale
$405,000
1 recorded transaction
2021
$405,000

Zoning & alternative use

B2 · Monticello, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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