5 Bank St
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5 Bank St
13,680 SF 100% Leased Retail Building Monticello, NY 12701 £469,455 (£34/SF)
Executive Summary
This grand old brick building was once the home for the Monticello Masons and has always been referred to as the " Masonic Building ". Built, probably in the early 1900's it has a unique architecture in the front. There are three floors each having about 4,560 sq. ft. for a total if 13,680 sq. ft. with a full basement. Renovations have been started. There is a new concrete floor in the basement and all the stone walls have been reappointed to make them watertight. New sewer pipes have been installed in the basement and a hot water heater. Upstairs there is all new subflooring throughout the building. Some walls were taken out others were reinforced. All the old ceilings were taken out and many rooms have new sheetrock. The top floor and the original home of the Masons has a large meeting room, still in very good condition. Building has many possibilities retail or offices downstairs and multiple apartments on the second and three floors is permitted. Located only a few hundred feet from Broadway in the Village of Monticello you are walking distance to transportation, shopping, restaurants and more. Municipal parking very close by.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,680 SF
Building Class
C
Year Built
1900
Price
£469,455
Price Per SF
£34
Percent Leased
100%
Number of Floors
3
Building FAR
2.73
Land Acres
0.11 AC
Opportunity Zone
Yes
Zoning
commercial - retail
Frontage
38 ft on Banks Street
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
Parcel Number | 4601-112-0-0009-006-000 | Improvements Assessment | £63,120 |
Land Assessment | £15,780 | Total Assessment | £78,900 |
PROPERTY TAXES
Parcel Number
4601-112-0-0009-006-000
Land Assessment
£15,780
Improvements Assessment
£63,120
Total Assessment
£78,900
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Presented by
RJ Katz Realty
5 Bank St
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