$1,700,000
( $128.54Per Sq Foot )
 $9,126 est/mo Sourced by Back At You

456 Broadway,Monticello, NY 12701

Monticello, NY 12701

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Description

Prime Mixed-Use Investment Opportunity | Value-Add Asset | Portfolio Offering. An exceptional opportunity to acquire a fully renovated mixed-use building in the heart of the Village of Monticello, offered as part of a larger investment portfolio consisting of seven mixed-use buildings and one parking lot. Well-maintained mixed-use investment property located in the heart of the Village of Monticello's central business district. This income-producing asset is being offered as part of a larger portfolio consisting of seven mixed-use buildings and one parking lot, presenting investors with the opportunity to expand their commercial real estate holdings. The property features three fully leased ground-floor commercial storefronts with established long-term tenants, providing immediate and stable cash flow. The second floor consists of 11 updated professional office suites, thoughtfully designed to accommodate a variety of businesses including medical, legal, financial, counseling, technology, and other professional services. The office level includes a shared reception and waiting area, creating a welcoming environment for tenants and their clients. Updated with high-efficiency mini-split heating and air conditioning systems, offering year-round comfort while reducing operating costs. The building is serviced by municipal water and sewer and is equipped with a security system, providing additional value and peace of mind for both owners and tenants. Positioned on Broadway, Monticello's primary commercial corridor, the property enjoys excellent visibility, convenient accessibility, and consistent vehicle and pedestrian traffic. Broadway experiences an estimated 8,000 to 12,000 vehicles per day providing outstanding exposure for retail and office tenants while benefiting from easy access to NYS Route 17 / Interstate 86, connecting the property to the greater Hudson Valley and Catskills region. One of the strongest investment attributes of this property is the continued demand for quality office space in Monticello. With a limited inventory of updated professional office suites available in the area, this property is well-positioned to maintain strong occupancy and support future rental growth. SBL'S included in this sale - 111-5-16, 111-5-3, 111-7-4, 111-7-3, 111-7-6, 111-5-17, 111-3-17, 111-5-18

Details

MLS #1021956
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1920
Days On Site88
Listing Provided ByCurasi Realty, Inc. | Marie Savage

Features

SQ Feet13,225
BasementY
Story(s)2
Units14
ZoningB2
Acreage0.55

Interior

CoolingCentral Air
HeatingForced Air

Exterior

Construction MaterialsBrick, Stucco
Foundation DetailsBlock
Lot FeaturesBack Yard

Utilities

UtilitiesCable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value131000
Tax Annual Amount9357
Tax Lot17

Area Information

StateNY
CountySullivan County
CityMonticello
Zip Code12701
School DistrictMonticello High School
Elementary SchoolGeorge L Cooke School
High SchoolMonticello High School
Listing VS Median (in 12701)
Price:
$1,700,000
low | high
Med:
$375,000
100% of Average
sqft:
13,225
low | high
Med:
3,620
100% of Average
$ / sqft:
$129
low | high
Med:
$156
28.296333882096% of Average
On site:
88
low | high
Med:
37
100% of Average
Sourced by Back At You

Market Activity 12701

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Learn More About This Property

Smitchger Realty

Smitchger Realty

 (845) 534-7874sinfo@johnjleaserealtors.com
StateNY
CountySullivan County
CityMonticello
Zip Code12701
School DistrictMonticello High School
Elementary SchoolGeorge L Cooke School
High SchoolMonticello High School
Listing VS Median (in 12701)
Price:
$1,700,000
low | high
Med:
$375,000
100% of Average
sqft:
13,225
low | high
Med:
3,620
100% of Average
$ / sqft:
$129
low | high
Med:
$156
28.296333882096% of Average
On site:
88
low | high
Med:
37
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:45:43 PM PDT

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Smitchger Realty

270 Main Street
Cornwall, NY 12518
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270 Main Street 

Cornwall, NY 12518

845-534-7874

Hours of Operation

Monday 9:00 AM –  5:00 PM
Tuesday 9:00 AM –  5:00 PM
Wednesday 9:00 AM –  5:00 PM
Thursday 9:00 AM –  5:00 PM
Friday 9:00 AM –  5:00 PM
Saturday10:00 AM – 5:00 PM
SundayBy Appointment Only



Specializing in Buying and

Selling Real Estate in Cornwall,

NY and surrounding areas. 


 
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS
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