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Property profile & analytics
FOR LEASE
Office buildings
10 Lake St, Monroe, NY 10950
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-1884672
For Lease
1 / 7
$600,000
10 Lake St, Monroe, NY 10950
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
2,598 SF
Lot
0.03 ac (1,200 SF)
Zoning code
CB
APN
334001 212-4-8.2
UPID
US63-1884672
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wallace & Berry Associates Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Lake St Equity LLC · 1 yrs held
Lake St Equity LLC
since 2025
Last sale
$630,000
3 recorded transactions
Zoning & alternative use
CB · Monroe, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$535,000
+8.4%
Commercial (general)
$515,000
+3.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$580,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$660,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$495,000
Current use
RETAIL STORES
$535,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$515,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$435,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $630k (Mar 21 2025)
Last sale anchor
$630k
Mar 21 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$231 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$41,800
Assessed 2023
Previous assessed
$41,800
+0.0% YoY
Assessed land
$12,400
Assessed improvement
$29,400
Land market value
$101,128
Improvement market value
$239,772
Total market value
$340,900
Applied tax rate
334,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1900
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
2,598 SF
Lot
0.03 ac (1,200 SF)
Zoning code
CB
APN
334001 212-4-8.2
UPID
US63-1884672
Jurisdiction
ORANGE
Zoning & alternative use
CB · Monroe, NY
Zoning CB · permitted uses
CB · Monroe, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$495,000
RETAIL STORES
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$435,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Lake St Equity LLC
Entity
Free & Clear · 1 yrs held
Mailing address
110 LK SHR RD, GREENWOOD LAKE, NY 10925-4006
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
$630,000
Lake St Equity LLC
Tenlake Monroe LLC
Deed
—
Aug 1, 2023
$255,000
Stella Yakubova
Lierni Marie Joan Est
Deed
$204,000 · Arc Home LLC
Jun 16, 2014
$200,000
Tenlake Monroe LLC
Wallace,richard
Grant Deed
$150,000 · Greater Hudson Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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