43 Freeland St Monroe, NY 10950
MULTI_FAMILY - Monroe, NY
- Added:
- Mar 12, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 12 at 9:06 am
Property Features for 43 Freeland St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 24
- Rooms
- Bathroom 21, Bathroom 8, Bathroom 12, Bedroom 11, Bathroom 7, Bedroom 12, Bathroom 3, Bathroom 5, Bathroom 17, Bathroom 9, Bedroom 13, Bedroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bathroom 24, Bathroom 14, Bathroom 16, Bathroom 18, Bathroom 20, Bathroom 4, Bathroom 6, Bedroom 15, Bathroom 13, Bathroom 23, Bathroom 10, Bedroom 7, Bathroom 19, Bathroom 1, Bedroom 6, Bathroom 15, Bathroom 2, Bedroom 14, Bathroom 22, Bedroom 8, Bedroom 3, Bedroom 5, Bedroom 10, Bathroom 11
- Patio and Porch features
- Deck, Porch
- Standard status
- Active
- Lot size
- 2.90 Acres
Taxes and HOA fees
- Tax Annual Amount
- 32950
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 2020
- Floors in Building
- 2
- Flooring type
- Hardwood, Granite, Tile
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing agent Nazma Sooknanan (845) 893-2920
Listing office Nazma Real Estate LLC 32 Michigan Ct, Valley Cottage, NY (845) 893-2920
Listing date Mar 12, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
On-site parking is available for 15+ vehicles. The current use is a private high school with dormitory operations and residences, with both residential units used as part of the program.
While the property is presently set up for residential/institutional use, the offering describes multiple potential permitted applications subject to municipal approvals and zoning requirements, including educational facility and a range of other uses.
Key Highlights
- Approx. 12,000 SF multi‑use building built in 2020 on a private gated 2.9‑acre property in the Village of Monroe, NY
- Configured for residential/institutional use with 15 bedrooms, 28 bathrooms, and four full kitchens
- Currently leased; property includes dormitory and both residential units as residence
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $423.4k | $35.28 |
| − Vacancy | −$15.2k | −$1.27 |
| EGI | $408.1k | $34.01 |
| − OpEx | −$183.7k | −$15.30 |
| NOI | $224.5k | $18.71 |
