Zouhaida Elian
Price Reduced 2.39%
Price History
$460,000
7/10/2024
$449,000
5/13/2026
485 Broadway, Monticello, NY, 12701
Motivated seller presents a premier investment opportunity on the most sought-after block in Monticello! Located right in the heart of town, this four-unit, ground-floor building is in turn-key condition and currently fully occupied, providing immediate stability and cash flow. The building features two primary commercial anchors: a restaurant and a nail salon. In addition to these retail spaces, the property includes a significantly sized office space located around the corner—complete with its own kitchen, open room, and bathroom—plus an additional smaller office perfect for a desk and storage. The property has been meticulously maintained with extensive recent capital improvements. The exterior features a brand-new roof, new gutters, and new soffits, while the infrastructure has been upgraded with all-new water pipes, a new water meter, a sump pump, and foam insulation in the crawl space. For seamless management, the electric meters are separated for easy billing. Security is also handled by an integrated camera system with two weeks of storage. This is a rare chance to acquire a fully leased, turn-key asset in a high-traffic location. Financials are available for serious buyers—bring your offers today!
Status:
Active
Type:
Commercial
Units:
4
Heating:
Electric, Propane, Forced Air, Heat Pump
Cooling:
Wall/Window Unit(s)
Parking:
Open, On Street
Acreage:
0.17
Est. Taxes:
$6,375
Construction
Blown-In Insulation
School District:
Monticello
Days on Market:
648
Appliances:
Electric Water Heater
MLS #:
H6317004
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Malek Properties 845-583-6333