456 Broadway, Monticello, NY

Name: 456 Broadway, For Sale in Monticello - eXp Realty
Brand: Curasi Realty, Inc.
SKU: 1021962
Price: 8500000 USD

House

For Sale

Listed price in listed location currency (USD).

$8,500,000

000

MLS® 1021962

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage

Taxes $9,169

Days Active 21

Lot Size 0.5544 Acres

Approx. Age

MLS® Number 1021962

Property Address: 456 Broadway, Monticello, NY, 12701-1763

Average square foot calculated using Size range provided by listing agent.

Description

Premier Downtown Investment Portfolio | 7 Mixed-Use Buildings + 1 Parking Lot | Village of Monticello, NY. A rare opportunity to acquire a stabilized commercial real estate portfolio in the heart of the Village of Monticello's Central Business District. This offering consists of seven mixed-use buildings and one commercial parking lot, strategically positioned along Broadway, the Village's primary commercial corridor. With a combination of established income-producing properties and significant value-add opportunities, this portfolio is ideal for investors seeking immediate cash flow with long-term appreciation and redevelopment potential. The portfolio includes a diverse mix of retail storefronts, professional office space, restaurants, and a residential unit, creating a well-balanced investment with multiple income streams. Several properties feature long-term tenants, while vacant suites provide opportunities to increase occupancy, rental income, and overall portfolio value. Ownership has invested substantially in capital improvements throughout the portfolio, including: Updated electrical systems, High-efficiency HVAC and mini-split heating and cooling systems, New windows, Updated flooring and interior renovations Security system installation, Municipal water and sewer service throughout the portfolio. One of the portfolio's most compelling features is the opportunity to significantly increase revenue by completing more than 5, 000 square feet of undeveloped space. Subject to Village approvals, this area may be converted into professional office suites, residential apartments, or other permitted uses, creating substantial additional rental income and enhancing the portfolio's long-term value. The properties are located within the B-2 Business District, which permits a broad range of commercial and mixed-use uses, including: Retail and wholesale businesses, Professional and medical offices, Service businesses, Restaurants and eating & drinking establishments, Funeral homes, Residential uses. Other compatible commercial uses as permitted by the Village. The portfolio also includes a dedicated commercial parking lot, providing a valuable amenity for tenants, customers, and future development opportunities. The parking lot can continue to generate income, support existing buildings, or serve future expansion plans. 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

MLS® Number1021962

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

BasementFull

DrivewayAlley Access, On Street, Parking Lot, Private

Garage Spaces

HeatForced Air

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 30, 2026List Date

$8,500,000List Price

Commute

Commute

Starting Address

Destination Address

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