Skip main navigation
For sale by owner
  • $553,000

    400 Broadway, Monticello, NY 12701

    7beds
    3,000sqft
    Loading
    MultiFamily
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $184/sqft
    $-- HOA

    What's special

    Commercial restaurant areaThree-story buildingFive apartmentsFull commercial kitchen
    Prime Monticello Investment & Restaurant Opportunity — 5 Apartments + Commercial Space 400 Broadway, Monticello, NY 12701 Welcome to an exceptional mixed-use investment opportunity in the heart of Monticello, New York. This substantial three-story building offers approximately 6,000 square feet of space, featuring a commercial restaurant area and five apartments, providing multiple possibilities for an investor, owner-operator, or income-producing property owner. Restaurant / Commercial Space The property includes a restaurant space with a full commercial kitchen and multiple areas in the front of the building. The space provides flexibility for someone looking to operate their own restaurant, lease the restaurant space to a tenant, or utilize the commercial portion according to their needs. Residential Apartments The building contains five apartments, creating significant rental-income potential. Based on current market rental rates, the property has the potential to generate approximately $95,000 per year in projected residential rental income, depending on rents achieved and occupancy. There is also an additional area currently being used as storage/bonus space that may have potential to become an additional apartment, subject to all applicable municipal approvals, permits, inspections, and code require
    What the owner loves about this home
    Multiple Income Opportunities This property offers the flexibility to generate income from several sources: Five residential apartments Commercial restaurant space Full kitchen Additional bonus/storage space Potential future additional apartment, subject to approval Approximately 6,000 square feet of total building space Three-story building Opportunity for an owner-operator or investor Whether you're looking to operate a restaurant, lease the commercial space, generate residential rental income, or create a combination of uses, this property provides a variety of possibilities in a central Monticello location. A unique opportunity to own a substantial mixed-use property with both commercial and residential potential. Schedule your private showing to see everything 400 Broadway has to offer.
    58 days
    484
    31
    Listed by:

    Property Owner (845) 212-8800

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Interior area
      • Total interior livable area: 3,000 sqft

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1951

      Community & HOA

      Location
      • Region: Monticello

      Financial & listing details

      • Price per square foot: $184/sqft
      • Date on market: 8/21/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,741/mo

        Price history

        DateEventPrice
        8/21/2026Listed for sale$553,000$184/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12701

        Getting around

        72 / 100
        Very Walkable
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts