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Multifamily Property with Covered Porch
For Sale
$699,000

337-339 State Route 17m #1.5, Monroe, NY 10950

Multiple kitchens and living areas create a flexible residential layout.

Property Size3,737 SF
Price / SF$187.05
Days on Market81

Property Features for 337-339 State Route 17m #1.5

General Information

Standard status Active
Size 3,737 SF
Property subtype Commercial
Net Operating Income $60,707

Financials

Asking Price $769,000
Cap Rate 7.89%
Gross Income $72,000
Gross Rent Multiplier 10.68

Taxes and HOA fees

Annual Taxes $8,793

Amenities

spacious covered front porch
multiple kitchens
living areas
detached storage shed
large outdoor space with mature trees
ample off-street parking

Building Details

Building Size 3,737 SF
Year Built 1900
Buildings 2
Stories 2
Listing Agency: Flag Realty Group
Listed By: Joseph Rosenfeld
Source: Croninreale
Added: Aug 7 Changed: Oct 25 Last Checked: Oct 23 at 9:50AM

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 Flag Realty Group

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Investment Insights

Based on property information with market context.

This 3,737-square-foot multifamily property, built in 1900, includes multiple kitchens and living areas, spacious bedrooms, and a covered porch. The grounds feature mature trees, a detached storage shed, an outdoor deck and work area, and off-street parking.

The property is located near shopping, restaurants, schools, and major roadways. Its reported investment metrics include a 7.89% cap rate, a 10.68 GRM, and a 1.39x DSCR.

Key Highlights

  • 3,737‑square‑foot multifamily property built in 1900
  • Multiple kitchens, living areas, and spacious bedrooms
  • Covered porch, detached storage shed, and outdoor deck/work area

Property Analytics

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Location Intelligence

Trade Area within ½ mile

325
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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple kitchens and living areas create a flexible residential layout.
Where is this multifamily property located?
The property is located at 337-339 State Route 17m #1.5 Monroe, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,737‑square‑foot multifamily property built in 1900; Multiple kitchens, living areas, and spacious bedrooms; Covered porch, detached storage shed, and outdoor deck/work area
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