# 497 Broadway, Monticello, NY 12701 > **TL;DR:** commercial, $1,300,000, built 2025. Est. $6,953/mo. Listed 96 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,300,000 | | Year Built | 2025 | | Lot Size | 5,101 sqft (0.12 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 96 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,574 | | Estimated Insurance | $379 | | **Total** | **$6,953** | ## Nearby Schools - **Elementary:** George L Cooke School - **Middle:** Robert J Kaiser Middle School - **High:** Monticello High School ## Property Highlights - Built in 2025 - 0.12 acre lot - 2 stories - 16 parking spaces ## Description ### Agent 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. ## Location - **Address:** 497 Broadway, Monticello, NY 12701 - **County:** Sullivan County ## Listing Agent - **Name:** Marie Savage - **Brokerage:** Curasi Realty - **Broker Phone:** (845) 457-9174 ## Photos ![497 Broadway - Photo 1](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f282410042r.jpg) ![497 Broadway - Photo 2](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f964762520r.jpg) ![497 Broadway - Photo 3](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f2004548820r.jpg) ![497 Broadway - Photo 4](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f4162642539r.jpg) ![497 Broadway - Photo 5](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f831374695r.jpg) ![497 Broadway - Photo 6](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f665074271r.jpg) ![497 Broadway - Photo 7](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f765158811r.jpg) ![497 Broadway - Photo 8](http://lh.rdcpix.com/3722b47162f8c1df8cac3b5f3c71857cl-f1262532461r.jpg) --- **MLS#:** 1021958 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/497-broadway-monticello-ny-12701-febef93b33ea48ae932460812d10450d) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/497-broadway-monticello-ny-12701-febef93b33ea48ae932460812d10450d#listing", "url": "https://staging.propertysimple.ai/listing/497-broadway-monticello-ny-12701-febef93b33ea48ae932460812d10450d", "name": "497 Broadway, Monticello, NY 12701", "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. 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