USANYMonticello500 Broadway
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New
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$899,000

For Sale

A day ago

500 Broadway, Monticello, NY

House

MLS® 1021955

0 Bed

0 Bath

--

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $7,874
Days Active 1
Lot Size 0.1894 Acres
Approx. Age 
MLS® Number 1021955

Property Address: 500 Broadway, Monticello, NY, 12701-1119

Average square foot calculated using Size range provided by listing agent.

Description

Prime Commercial Investment Opportunity | Stabilized Asset | Portfolio Offering. Positioned in the heart of the Village of Monticello's vibrant downtown business district, 500 Broadway presents an outstanding opportunity to acquire a well-maintained, income-producing commercial property. Offered as part of a premier investment portfolio consisting of seven mixed-use buildings and one parking lot, this property is ideal for investors seeking stable cash flow with long-term appreciation potential. The building is fully leased to a well-established restaurant operating under a long-term lease, providing immediate and reliable rental income. The tenant has an established presence within the community, making this an attractive, low-management investment opportunity. Recent capital improvements enhance the property's value and reduce future maintenance expenses, including: Updated high-efficiency mini-split heating and air conditioning systems, Interior renovations and the roof. The property is serviced by municipal water and sewer, further contributing to ease of ownership and dependable operations. Strategically located on Broadway, Monticello's primary commercial corridor, the property benefits from exceptional visibility, consistent pedestrian activity, and an estimated 8, 000 to 12, 000 vehicles per day, providing excellent exposure for its commercial tenant. Convenient access to NYS Route 17 / Interstate 86 connects the property to the greater Hudson Valley and Catskills region, making it easily accessible for residents and visitors alike. SBL'S included in this sale - 111-7-2, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-18
MLS® Number1021955
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementStorage Space
DrivewayPrivate
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2026List Date
$899,000List Price
  • Commute

Commute

Starting Address
Destination Address
500 Broadway, Monticello, NY

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