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Property profile & analytics
OFF-MARKET Estimated value $1,735,000
Community centers

288 Larkin Dr Monroe, NY 10950-4911

160,774 SF 8.4 ac lot Built 1999
Entity Owned 25-yr Hold ~ Est. High Equity
Property ID
US63-1755664
Property summary
AI-generated overview

Harriman Commons, located at 288 Larkin Drive in Monroe, NY 10950, presents a significant retail investment opportunity. This expansive 706,236 square foot property, situated on 68 acres at the intersection of Routes 17/32 & 6, boasts a prime location with exceptional visibility and accessibility. The property features ten single-story buildings, totaling 20 suites, and offers ample parking with 1300 spaces. Currently, there are 30,247 square feet of vacant space available, ranging from 1,650 square feet to a substantial 30,247 square foot pad site. Several in-line spaces and end-cap units are also available, providing flexibility for various retail concepts. Built in 1987 and renovated in 2019, the property benefits from a low building floor area ratio of 0.3 and is zoned L1. The property taxes are $5.50 per square foot. This established center enjoys a strong tenant roster including Walmart, Target, The Home Depot, and many other national retailers. The surrounding area features additional retail anchors such as Stop & Shop, Planet Fitness, and TJ Maxx, creating a vibrant and densely populated retail corridor. This presents a unique chance to join a thriving retail community with significant potential for growth and return on investment. The available spaces offer a variety of sizes to accommodate a range of business needs, making this an exceptional opportunity for expansion or new market entry.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1999
Total area 160,774 SF
Lot 8.4 ac (365,904 SF)
Zoning code LI
APN 334089 2-1-31.1
UPID US63-1755664
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
  • Subway Take-out & Catering Catering Service
  • Sirisha Mallidi, RPH Pharmacy
  • Walmart Garden Center Garden Center
  • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
  • Unlock Your Brand's Potential with Our Marketing Consulting Expertise! Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.74M
Owner & transaction history
Fbg Wall LLC · 25 yrs held
Fbg Wall LLC
since 2001
7 recorded transactions
2021
Price N/A
2018
Price N/A
2018
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LI · Monroe, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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