384-386 Broadway, Monticello, NY 12701
Sullivan County
Key Facts
Description
EXCELLENT INVESTMENT OPPORTUNITY TO OWN A HIGH-INCOME MULTI-FAMILY PROPERTY WITH STRONG IN-PLACE CASH FLOW AND SIGNIFICANT UPSIDE POTENTIAL. Ideally located near shopping, dining, public transportation, and local amenities, supporting stable occupancy and long-term value. Building #1 features 14 rental units (9 units at $675/month and 5 units at $700/month). Building #2 includes 4 rental units at $675/month plus one commercial storefront generating $1,500/month. The basement, previously used as a bar, is currently vacant and offers additional income potential if re-leased. P&L in attachments.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1893
Stories
3
Living Area
9,725 sq ft
Lot Size
0.12 acres
Days on Market
93
MLS® Listing#
948225
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$17,254
Assessed Value
$250,400
Parcel Number
4601-112-0-0008-010-000
Affordability Calculator
$219,800
Estimated monthly payment
$5,849/mo
Principal $879,200 · Est. interest $1,226,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Monticello, NY
- $356,757
- Median Listing Price
- 72
- Median Days on Market
- 1,650
- Median Sq Ft
- $241
- Median Price / Sq Ft
- 72
- Active Listings
- This home’s price is 208% above the area median.
- Its price per sq ft is 53% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Monticello, NY.
Location
Points of Interest in Monticello, NY
Showing the Monticello area map.
Nearby Schools
Sullivan County Boces
School · 0.2 mi away
Monticello Central School District
School · 0.2 mi away
George L Cooke School
Elementary · 0.4 mi away
Kenneth L Rutherford School
Elementary · 1.0 mi away
Monticello High School
Secondary · 1.2 mi away
Robert J Kaiser Middle School
Secondary · 1.2 mi away
Hebrew Day School
School · 2.4 mi away
Viznitz Institutions
School · 3.5 mi away
Yeshiva Gedolah Zichron Moshe School
School · 6.2 mi away
Fallsburg Junior/Senior High School
Secondary · 6.5 mi away
Benjamin Cosor Elementary School
Elementary · 6.7 mi away
Cornelius Duggan School
School · 7.6 mi away
Twin Bridge Play School
School · 8.5 mi away
Sullivan County Boces
School · 9.4 mi away
Liberty Elementary School
Elementary · 10.8 mi away
Liberty High School
Secondary · 11.2 mi away
Liberty Middle School
Secondary · 11.2 mi away
Wurtsboro
Elementary · 11.7 mi away
Eldred Central School
Secondary · 13.4 mi away
George Ross MacKenzie Elementary School
Elementary · 13.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| TBD Southwoods Drive, Monticello, NY | $774,900 | — | — | — |
| 740 Southwoods Drive, Monticello, NY | $774,900 | — | — | 3,252 |
| 71 Lawrence Avenue, Monticello, NY | $775,000 | 6 | 4 | 2,840 |
| 67 Lawrence Avenue, Monticello, NY | $775,000 | 6 | 4 | 2,840 |
| 515 Broadway, Monticello, NY | $789,000 | — | — | 704 |
| 221 Starlight Road, Monticello, NY | $790,000 | 3 | 3 | 1,600 |
Moving Cost Estimate
EXIT Agents in Monticello
Listing Courtesy: MS Realty Group USA, Inc - 8453677470
Presented by: Mosha Leitner
Fair Housing Notice