$899,000
500 Broadway , Monticello, NY 12701
- 6,450
- sqft
- Status:
- Active
- MLS #:
- 1021955
- County:
- Sullivan
- Listed By:
- Marie Savage - Curasi Realty, Inc.
- Office Phone:
- (845) 457-9174
- Agent Email:
- mariesavage@curasirealty.com
Sponsoring Broker: Steven Domber, Berkshire Hathaway HomeServices Hudson Valley Properties
Prime Commercial Investment Opportunity | Stabilized Asset | Portfolio Offering. Positioned in the heart of the Village of Monticello's vibrant downtown business district, 500 Broadway presents an outstanding opportunity to acquire a well-maintained, income-producing commercial property. Offered as part of a premier investment portfolio consisting of seven mixed-use buildings and one parking lot, this property is ideal for investors seeking stable cash flow with long-term appreciation potential. The building is fully leased to a well-established restaurant operating under a long-term lease, providing immediate and reliable rental income. The tenant has an established presence within the community, making this an attractive, low-management investment opportunity. Recent capital improvements enhance the property's value and reduce future maintenance expenses, including: Updated high-efficiency mini-split heating and air conditioning systems, Interior renovations and the roof. The property is serviced by municipal water and sewer, further contributing to ease of ownership and dependable operations. Strategically located on Broadway, Monticello's primary commercial corridor, the property benefits from exceptional visibility, consistent pedestrian activity, and an estimated 8,000 to 12,000 vehicles per day, providing excellent exposure for its commercial tenant. Convenient access to NYS Route 17 / Interstate 86 connects the property to the greater Hudson Valley and Catskills region, making it easily accessible for residents and visitors alike. 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
- 0.1894 Acre Lot
- 105 days on Market
-
- Stories
- 1.0
-
- Construction Materials
- Stucco
-
- Parking Features
- Private
-
- Cooling
- Central Air
-
- Heating
- Forced Air
-
- Basement
- Storage Space
-
- Acres
- 0.1894
-
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Phone 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
-
Nearby Schools
-
54out of 100
Public School for 500 Broadway, Monticello, NY 12701
Grades: Elementary
Distance: 0.8 mi
-
55out of 100
Public School for 500 Broadway, Monticello, NY 12701
Grades: Middle
Distance: 1.04 mi
-
48out of 100
Public School for 500 Broadway, Monticello, NY 12701
Grades: High
Distance: 1.02 mi
-
51out of 100
-
49out of 100
-
52out of 100
-
51out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 07/29/2026 | Listed | $899,000 |
| Source: OneKey MLS #1021955 | ||
Source: MLS Data
Deed History
| 08/21/2014 | Deed | $48,500 |
| 05/29/2002 | Deed | $149,777 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 500 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 500 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 500 Broadway?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $899,000. 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 500 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 500 Broadway at around $5,772. 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 500 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 500 Broadway?
In most cases, yes. Whether 500 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 500 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 $899,000 with 6,450 sqft of space—that comes out to approximately $139 per square foot.
How long has this property been on the market?
500 Broadway was listed on July 29, 2026, which means it's been on the market for 105 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?
500 Broadway sits on a 0.19-acre lot, which is 8,276 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 500 Broadway?
The most recent public record shows annual property taxes for 500 Broadway were approximately $7,874. 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 500 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 11, 2026 at 11:16PM | Source: OneKey MLS | MLS#: 1021955
