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Property profile & analytics
OFF-MARKET
Investment properties
141 State Rte 17b Monticello, NY 12701-3617
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2008916
Property summary
AI-generated overview
This 450-square-foot mixed-use property at 141 State Route 17B in Monticello, New York, presents a fantastic retail opportunity. Situated on a 0.26-acre lot, this former storefront enjoys exceptional visibility and accessibility, making it perfect for a diverse range of businesses. Its prime location offers ample parking and convenient access for customers. The property's proximity to the Monticello Casino and Resort and other nearby shopping and dining establishments ensures high foot traffic and a strong customer base. The building's versatile layout is suitable for retail, office, or service-based businesses seeking a well-established commercial area. This is an exceptional chance to establish or relocate a business in a thriving commercial corridor with significant potential for growth and success. The asking price is $190,000. Don't miss this chance to secure a prominent location in a bustling commercial area.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1975
Total area
450 SF
Lot
0.26 ac (11,250 SF)
Zoning code
B1
APN
484601 102.-3-7
UPID
US63-2008916
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Crown 17b Realty LLC · 13 yrs held
Crown 17b Realty LLC
since 2012
2 recorded transactions
Zoning & alternative use
B1 · Monticello, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Monticello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monticello 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$25,000
Assessed 2023
Previous assessed
$25,000
+0.0% YoY
Assessed land
$20,000
Assessed improvement
$5,000
Land market value
$40,000
Improvement market value
$10,000
Total market value
$50,000
Applied tax rate
484,601.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1975
Heating
NONE
Buildings
1
Stories
1
Total area
450 SF
Lot
0.26 ac (11,250 SF)
Zoning code
B1
APN
484601 102.-3-7
UPID
US63-2008916
Jurisdiction
SULLIVAN
Zoning & alternative use
B1 · Monticello, NY
Zoning B1 · permitted uses
B1 · Monticello, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monticello. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
1
Buildings
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Crown 17b Realty LLC
Entity
Free & Clear · 13 yrs held
Mailing address
1337 59TH ST, BROOKLYN, NY 11219-5286
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2012
$138,050
Crown 17b Realty LLC
Route 17b Holdings LLC
Grant Deed
—
Jan 4, 2012
$736,000
Route 17b Holdings LLC
Jimsan Realty Corp
Grant Deed
related
—
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.
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