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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Motels
290 Broadway, Monticello, NY 12701-8822
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-5657516
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Total area
10,060 SF
Lot
1.38 ac (60,113 SF)
Zoning code
EBV
APN
484601 113.-4-6
UPID
US63-5657516
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
-
Super 8 by Wyndham Monticello Hotel & Motel
-
Bethel woods art center Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$890k
Blend (final)
Blend
$940k
Owner & transaction history
Pushpanjali LLC · 8 yrs held
Pushpanjali LLC
since 2017
7 recorded transactions
Zoning & alternative use
EBV · Monticello, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+47.4%
Auto repair, garage
$885,000
+30.6%
Commercial (general)
$870,000
+28.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,075,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$680,000
Current use
RESTAURANT
$1,000,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$885,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$870,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$785,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$610,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10%
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
$93 / 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
$810,000
Assessed 2023
Previous assessed
$810,000
+0.0% YoY
Assessed land
$75,000
Assessed improvement
$735,000
Land market value
$150,000
Improvement market value
$1,470,000
Total market value
$1,620,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1995
Heating
NONE
Buildings
1
Stories
2
Total area
10,060 SF
Lot
1.38 ac (60,113 SF)
Zoning code
EBV
APN
484601 113.-4-6
UPID
US63-5657516
Jurisdiction
SULLIVAN
Zoning & alternative use
EBV · Monticello, NY
Zoning EBV · permitted uses
EBV · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$680,000
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$870,000
MEDICAL BUILDING
Est. value
$785,000
OFFICE BUILDING
Est. value
$645,000
RETAIL STORES
Est. value
$610,000
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1995
Heating
NONE
Stories
2
Buildings
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Pushpanjali LLC
Entity
Mailing address
290 E BROADWAY, MONTICELLO, NY 12701-8822
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2017
$1,550,000
Pushpanjali LLC
Lotus Hospitality LLC
Grant Deed
$957,500 · Jeff Bk
Dec 27, 2017
—
Super 8
—
Deed
related
$590,000 · Private Individual
Dec 27, 2007
$1,850,000
Lotus Hospitality LLC
Sds Hospitality LLC
Grant Deed
—
Sep 9, 2005
$1,300,000
Sds Hospitality LLC
Somnath LLC
Warranty Deed
—
Sep 13, 2001
$1,200,000
Somnath LLC
Sks Development LLC
Grant Deed
$825,000 · Unity Bank
—
—
Sks Development LLC
—
Deed Of Trust
related
$50,000 · Bank Of Hudson
—
—
Super 8
—
Deed Of Trust
related
$590,000 · Private Individual
—
—
Sks Development LLC
—
Deed Of Trust
related
$50,000 · Bank Of The Hudson
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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