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Two-Entrance Mixed-Use Property
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154 Spring Street, Monroe, NY 10950

Two separately accessed spaces each include a half bath.

Property Size3,314 SF
Price / SF$0.75
Days on Market30

Property Features for 154 Spring Street

General Information

Standard status Active
Size 3,314 SF
Property subtype Mixed Use

Building Details

Year Built 1910
Listing Agency: KW Hudson Valley United
Listed By: Joseph P Morello · License #10301200241
Source: Neilcharlesrealestate
Added: Oct 8 Changed: Nov 5 Last Checked: Nov 5 at 9:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Hudson Valley United

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Investment Insights

Based on property information with market context.

This 3,314-square-foot mixed-use property was built in 1910 and is arranged as two distinct spaces. Each space has its own entrance and a half bath, providing separate access within the building.

The property is across from Smith Clove Park, with the Heritage Trail bordering the back yard. It is located at 154 Spring Street in Monroe, New York.

Key Highlights

  • 3,314 square feet of mixed‑use space
  • Two separate spaces, each with its own entrance
  • Two half baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,857
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,140 $577.1K
Cap Rate 7%
$412,243 $412.2K
Cap Rate 9%
$320,633 $320.6K
Market Conditions
NOI Build-Up for 3,314 SF
Gross rent
$53.7K $16.20/SF
− Vacancy
−$7.5K −$2.27/SF
EGI
$46.2K $13.93/SF
− OpEx
−$17.3K −$5.22/SF
NOI
$28.9K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,140
Cap Rate 7%
$412,243
Cap Rate 9%
$320,633

Alternative Uses

Best Use
Mixed Use
$412.2K
$360.7K – $481.0K (±1% cap)
NOI $28,857 @ 7.0% cap · market cap 1,154.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$982.1K – $1.31M (±1% cap)
NOI $78,569 @ 7.0% cap · market cap 3,142.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Miller Columbia DC Alternative Medicine Practice

Suggested Use

Top Pick Storage Facility Electrical Service Law Firm Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

Demographics for 10950, NY

62,741
Population
17,531
Households
3.6
Avg Household Size
21
Median Age
26%
College-Educated
85%
High-School Grad
36.8 sq mi
ZIP Area
1,705
Density / Sq Mi
$77,123
Median Household Income
$38,496
Median Earnings
$1,693
Median Rent
$458,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Orange County, NY

$166 Jul
$214 Aug
$224 Sep
$202 Oct

Properties on Market for Mixed-use properties in Orange County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two separately accessed spaces each include a half bath.
Where is this mixed-use property located?
The property is located at 154 Spring Street Monroe, NY.
What are key features of this property?
This property features: 3,314 square feet of mixed‑use space; Two separate spaces, each with its own entrance; Two half baths
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