Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Landmark Ready for Lease Title is generated by Realmo AI

    236 High Street, Monroe, NY 10950

    View on Map
    Claim this Listing
    For Lease
    $35 SF/Yr

    COMMERCIAL - Monroe, NY

    Lot size:
    2.00 Acres
    Added:
    Nov 12, 2025
    Days on Market:
    182
    Last Refresh:
    May 13 at 2:06 am

    Property Features for 236 High Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Rooms
    Basement
    Basement
    Full
    Standard status
    Active
    APN
    334001-206-000-0005-004.120-0000
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    36679

    Utilities

    Utilities
    Cable Available
    Heating system
    Hot Water(Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1906
    Building materials
    Wood Siding

    We can help!

    Listing Contact
    John Coladonato

    Listing agent John Coladonato License #40CO0798230

    Listing office Keller Williams Hudson Valley 9 Bert Crawford Rd, Ste 104, New City, NY

    Listing date Nov 12, 2025

    MLS# 930824

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historically significant property: Once Helen Keller's Home for the Blind, built in 1903.
    • Fully renovated in 2022 with modern systems including upgraded electrical, plumbing, and fire safety.
    • Commercial‑grade kitchen updated in 2018, ideal for restaurant, catering, or hospitality.
    • Versatile property: Ideal for bed & breakfast, boutique hotel, event venue, or destination dining.
    • Ten bedrooms and six bathrooms offer suitability for various commercial or residential uses.
    • Four‑story landmark: Blends timeless character with contemporary upgrades.

    Overview

    Located at 236 High Street in Monroe, NY, this historic four-story landmark, originally built in 1903 and once home to Helen Keller's Home for the Blind, has been beautifully restored. The property, renovated in 2022, features a commercial-grade kitchen updated in 2018, suitable for restaurant, catering, or boutique hospitality purposes. The building includes 10 bedrooms and 6 bathrooms. Modern systems have been installed throughout, including upgraded electrical, plumbing, and fire safety features. The property spans 2 acres in Orange County. This versatile property is suitable for a bed & breakfast, boutique hotel, event venue, or destination dining experience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rest Haven, Inc. Historical Landmark Arc Social Service Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Orange
    State
    New York
    Longitude
    -74.1954564
    Latitude
    41.3287354

    Nearby Similar for Lease

    • $25 SF/Yr

      Versatile Commercial Garage Space Available

      2,750+/- SF commercial space in Monroe, NY for lease.
      8 State Route 17M, Monroe, NY 10950
      View Details
    • $25 SF/Yr

      Versatile Commercial Space in Monroe

      2,750+/- SF commercial space with excellent regional access.
      320 State Route 17M, Monroe, NY 10950
      View Details
    • $5,500/Mo

      Storefront in High-Traffic Monroe Location

      First-floor storefront in the heart of Monroe, New York.
      13 Lake Street, Monroe, NY 10950
      View Details
    • Contact for pricing

      Versatile Commercial Space on Route 17M

      Spacious 4453 SF commercial space with excellent visibility and access.
      330 Stage Rd A, Monroe, NY 10950
      View Details
    • $18 SF/Yr

      Warehouse Space in Desirable Location

      Warehouse space for storage, distribution, and commercial uses.
      66 Mangin Road, Monroe, NY 10950
      View Details
    • $2,000/Mo

      Retail Space in Monroe Village

      Retail space in the heart of Monroe, high visibility.
      6 Lk 6, Monroe, NY 10950
      View Details
    • $25 SF/Yr

      Versatile Commercial Garage Space Available

      2,750 SF commercial space with office in Monroe, NY.
      8 State Route 17M, Monroe, NY 10950
      View Details
    • $1,100/Mo

      Monroe Village Office Space

      Second-floor office space in the heart of Monroe village.
      2 Lakes Rd Suite #8, Monroe, NY 10950
      View Details
    • $25 SF/Yr

      Monroe Commercial Parking Lot Lease

      Commercial parking lot for lease in Monroe, NY.
      320 State Route 17M, Monroe, NY 10950
      View Details
    • $25 SF/Yr

      Versatile Commercial Space for Rent

      2,750 SF commercial space with excellent regional access.
      320 State Route 17M, Monroe, NY 10950
      View Details
    • $6,000/Mo

      Versatile Commercial Space for Rent

      Spacious commercial space with high visibility and flexible build-out options.
      330 Stage Road #B, Monroe, NY 10950
      View Details
    • $21 SF/Yr

      Versatile Commercial Space for Rent

      Spacious commercial space with high visibility and flexible build-out options.
      330 Stage Road #A, Monroe, NY 10950
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Restored 1903 landmark ideal for hospitality or dining.
    Where is this bed & breakfast located?
    The property is located at 236 High Street Monroe, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Historically significant property: Once Helen Keller's Home for the Blind, built in 1903.; Fully renovated in 2022 with modern systems including upgraded electrical, plumbing, and fire safety.; Commercial‑grade kitchen updated in 2018, ideal for restaurant, catering, or hospitality.
    (845) 610-6065
    We can help!
    Listing Contact
    John Coladonato
    Real Estate License ID: 40CO0798230
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    236 High Street, Monroe, NY 10950
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!