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74 Pleasant Street

Monticello, NY 12701
  • $1,350,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: H6315843
UPDATED: 115 min ago
$1,350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

School District:

Description

Unbeatable Investment offering! Great tenant, Napa Auto and Truck Parts, with 10 years left on the lease (two 5 year options), annual increases, and has been there for 5 years. Building is well-maintained and in good condition with three-phase electric on .63 +/- acres. Plenty of paved parking, overhead door and full finished lower level with loading dock. Location is amazing in the heart of busy Monticello near Walmart, Home Depot, ShopRite, Old Navy, Marshalls, Rite Aid, food franchises, banks, gas stations, and more. Beer World is across the street. High traffic area and high visibility close to exit ramps for NYS Rt 17 / I-86. Also offered with two other stores if you are seeking an investment bundle. Tenants pay utilities, minor repairs, water and sewer and insurance on contents. Landlord pays taxes, building insurance and major repairs only. Cap rate on this one is 7%, the other two are at 9.7% and 10%!

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© 2024 OneKey MLS. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-23T21:18:47.513.
www.selectyournexthome.com/homes/152357693
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74 Pleasant Street Monticello, NY 12701

  • Price: $1,350,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 115 min ago
  • MLS #: H6315843
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Thompson
County:
Sullivan
Area:
Thompson
School District:
Monticello
Property Description
Unbeatable Investment offering! Great tenant, Napa Auto and Truck Parts, with 10 years left on the lease (two 5 year options), annual increases, and has been there for 5 years. Building is well-maintained and in good condition with three-phase electric on .63 +/- acres. Plenty of paved parking, overhead door and full finished lower level with loading dock. Location is amazing in the heart of busy Monticello near Walmart, Home Depot, ShopRite, Old Navy, Marshalls, Rite Aid, food franchises, banks, gas stations, and more. Beer World is across the street. High traffic area and high visibility close to exit ramps for NYS Rt 17 / I-86. Also offered with two other stores if you are seeking an investment bundle. Tenants pay utilities, minor repairs, water and sewer and insurance on contents. Landlord pays taxes, building insurance and major repairs only. Cap rate on this one is 7%, the other two are at 9.7% and 10%!
Exterior Features

Construction Materials Block

Interior Features

Cooling Wall Unit(s) Cooling YN Yes Heating OilForced Air Hot Water Indirect Tank

Property Features

Building Size 19976 Business Type Retail Inclusions Light Fixtures Location Description First Floor MLSArea Minor 99 Operating Expense 37535 Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 27535 Tax Annual Amount1 27535 Township Thompson Village Monticello Water Source Public Zoning Description comm

Listing courtesy of Carol Malek of Malek Properties: 845-583-6333
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-23T21:18:47.513.
 
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