About This Home

This 0-bedroom, 0-bathroom commercial at 497 Broadway in Monticello, NY is listed for $1,300,000. Built in 2025, on a 0.12 acres lot.

Key Features

  • Built in 2025
  • 0.12 acre lot
  • 2 stories
  • 16 parking spaces

Property Details

2 stories
16 spaces
2025
Listing 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.

The property features four units, including three commercial suites and one residential apartment. Currently, two units are leased to long-term tenants, while two vacant commercial suites present an outstanding opportunity to increase cash flow by leasing at current market rates or occupying the space with your own business.

The building has been extensively updated, with renovated suites, municipal water and sewer, and high-efficiency mini-split heating and air conditioning systems installed throughout, providing modern comfort and energy efficiency while minimizing maintenance costs.

One of the property's greatest assets is its large private parking lot with approximately 16 dedicated parking spaces, a highly desirable feature for both office and retail tenants in downtown Monticello. Strategically located on Broadway, the Village's primary commercial corridor, the property enjoys excellent visibility and benefits from steady daily vehicle traffic and pedestrian activity.

Broadway serves as the central business district for Monticello, connecting local businesses, government offices, healthcare providers, restaurants, and retail establishments, while offering convenient access to NYS Route 17 / Interstate 86, making it easily accessible to both local residents and regional visitors. 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, 111-5-18LA must accompany all showings.

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

497 Broadway

Monticello, NY 12701

Property Details

Construction

Stone Stucco

Parking

Parking Lot

Heating

Forced Air

Cooling

Ductless

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 497 Broadway is listed at $1,300,000. The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2025, 0.12 acre lot, 2 stories, 16 parking spaces.

This property is listed by Marie Savage.

MS

Marie Savage

Agent at Curasi Realty

Listed by Curasi Realty · Broker phone: (845) 457-9174 · Broker website

MLS# 1021958· Source: OneKey MLS· 91 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

497 Broadway, Monticello, NY 12701

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