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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Showrooms
24 Gilbert St Ext, Monroe, NY 10950-2815
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-3377945
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Total area
10,926 SF
Lot
1.2 ac (52,272 SF)
Zoning code
GB
APN
334001 201-3-11.1
UPID
US63-3377945
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
-
Dulcet Gift Baskets Corp (Bike/Boat/Book/etc) Store
-
The Mint Capital Inc Loan Service Bank
-
Joel Spitzer Loan Service Bank
-
Moshe Landau Loan Service Bank
-
Fishel Freund Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
30 Gilbert St LLC · 2 yrs held
30 Gilbert St LLC
since 2024
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
GB · Monroe, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+56.1%
Retail stores
$2.3M
+4.6%
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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,155,000
Current use
RESTAURANT
$3,365,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$2,255,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Apr 11 2024)
Last sale anchor
$3.50M
Apr 11 2024
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
$320 / 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
$133,900
Assessed 2023
Previous assessed
$133,900
+0.0% YoY
Assessed land
$54,800
Assessed improvement
$79,100
Land market value
$446,994
Improvement market value
$645,206
Total market value
$1,092,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1982
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
10,926 SF
Lot
1.2 ac (52,272 SF)
Zoning code
GB
APN
334001 201-3-11.1
UPID
US63-3377945
Jurisdiction
ORANGE
Zoning & alternative use
GB · Monroe, NY
Zoning GB · permitted uses
GB · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
RESTAURANT
Est. value
$3.4M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
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
1982
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
30 Gilbert St LLC
Entity
Mailing address
24 GILBERT ST EXT, MONROE, NY 10950-2815
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
$3,500,000
30 Gilbert St LLC
Zev Goldberg INC
Deed
$1,400,000 · Nybdc Local Development Corp
Sep 24, 2020
—
Zev Goldberg INC
—
Deed Of Trust
related
$250,000 · Bueis Hahi LLC
Aug 30, 2018
$1,900,000
Zev Goldberg INC
Three Z LLC
Grant Deed
$1,200,000 · Mgs Empire LLC
—
—
Zev Goldberg INC
—
Loan Modification
related
$1,425,000 · Connectone Bk
—
—
Three Z LLC
—
Deed Of Trust
related
$960,000 · Ulster Savings Bank
—
—
Three Z LLC
—
Deed Of Trust
related
$27,016 · Ulster Savings Bank
—
—
Three Z LLC
—
Loan Modification
related
$400,000 · Ulster Savings Bank
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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