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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

Highlights

  • Commercial Sale
  • Mixed Use
  • 0.5544 Acre Lot
  • 106 days on Market

  • Construction Materials
    Brick
  • Parking Features
    Private, On Street, Parking Lot, Alley Access
  • Cooling
    Central Air
  • Heating
    Forced Air
  • Basement
    Full

  • Acres
    0.5544
  • Utilities
    Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public

  • County
    Sullivan
  • City
    Monticello
  • Zip Code
    12701
  • High School
    Monticello High School
  • Middle School
    Robert J Kaiser Middle School
  • Elementary School
    George L Cooke School

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Frequently Asked Questions

How do I schedule a tour of 456 Broadway?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 456 Broadway.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 456 Broadway?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $8,500,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Monticello, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 456 Broadway?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 456 Broadway at around $49,135. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 456 Broadway?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Sullivan County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 456 Broadway?

In most cases, yes. Whether 456 Broadway is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Monticello's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 456 Broadway?

We can handle that for you. Our preferred local agent specializes in commercial sales in Monticello and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $8,500,000 with 13,225 sqft of space—that comes out to approximately $643 per square foot.

How long has this property been on the market?

456 Broadway was listed on July 30, 2026, which means it's been on the market for 106 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

456 Broadway sits on a 0.55-acre lot, which is 23,958 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: George L Cooke School
  • Middle: Robert J Kaiser Middle School
  • High: Monticello High School

Want to see how these schools compare? Check out our Sullivan County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 456 Broadway?

The most recent public record shows annual property taxes for 456 Broadway were approximately $9,169. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 456 Broadway still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 13, 2026 at 04:15AM | Source: OneKey MLS | MLS#: 1021962