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
For sale by owner
$553,000
400 Broadway, Monticello, NY 12701
7beds
3,000sqft
MultiFamily
Built in 1951
-- sqft lot
$-- Zestimate®
$184/sqft
$-- HOA
What's special
Commercial restaurant areaThree-story buildingFive apartmentsFull commercial kitchen
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
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
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $553,000$184/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.








