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Property profile & analytics
FOR SALE
Investment properties

506 Broadway Monticello, NY 12701

4,110 SF 0.17 ac lot Built 1980
Individually Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US63-3071591
Property summary
AI-generated overview

This exceptional opportunity presents a thriving, family-owned retail bakery and cafe located at 506 Broadway, Monticello, NY. The 4,110 square foot building sits on a 0.17-acre lot in a bustling, high-traffic area of Monticello. The business boasts a long-standing reputation for its delicious, freshly baked goods, including pastries, cakes, breads, bagels, and cookies. A large display showcases the extensive offerings, while the cafe area provides both indoor and outdoor seating, presenting significant potential for expansion into a full-service restaurant. The prime location offers easy access to major attractions, including Resorts World Casino, Monticello Motor Club and Waterpark, and Bethel Woods Performing Arts Center, ensuring a consistent flow of customers. The business benefits from a loyal customer base and is ready for a new owner to continue its success. The building is heated by oil and features above-ground fuel storage. Priced at $850,000, this turnkey operation offers a rare chance to acquire an established business with significant growth potential in a desirable location. This is a truly remarkable opportunity for an ambitious entrepreneur.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1980
Total area 4,110 SF
Lot 0.17 ac (7,405 SF)
Zoning code B2
APN 484601 111.-3-19.2
UPID US63-3071591
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
  • DeFilippis Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
VINCENZO DEFILIPPIS & ANGELO FOGLIA &CAR DEFILIPPIS
VINCENZO DEFILIPPIS & ANGELO FOGLIA &CAR DEFILIPPIS
Zoning & alternative use
B2 · Monticello, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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