384-386 Broadway, Monticello, NY 12701

$1,099,000
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Active
BEDS0 BATHS MLS#948225
STATUSActive PROPERTY TYPECommercial - Multiple

Property 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.

384-386 Broadway | MLS# 948225

This commercial property located at 384-386 Broadway, Monticello, NY 12701 is currently listed for sale with an asking price of $1,099,000. Search Monticello real estate on www.joycerealty.com today.

Property Features

Property Type: Commercial - Multiple
Basement: See Remarks
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.12 Acres
Stories: 3.0
Taxes: $17,254
Year Built: 1893

Feature Descriptions

Building Area Total: 9725
Business Type: Residential
Cap Rate: 7
Common Walls: No Common Walls
Days on Site: 157
Exterior: Frame
Leasable Area: 9725
On Market Date: 2026-01-28
Parcel Number: 4601-112-0-0008-010-000
Parking Features: On Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 20
Utilities: Phone Available, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listing By

Agency Name: MS Realty Group USA, Inc
Agency Phone: 845-367-7470

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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