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Property profile & analytics
FOR LEASE
Medical Office Space
296 E Brown St East Stroudsburg, PA 18301
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US73-2729231
For Lease
1 / 18
$3,000/Mo
296 E Brown St, East Stroudsburg, PA 18301
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
FRAME
Total area
8,064 SF
Lot
0.61 ac (26,572 SF)
Zoning code
IM
APN
05-1.2.9.3
UPID
US73-2729231
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
-
Hussain Malik MD- Pocono Ear, Nose, Throat & Facial Plastic Surgery Associates Physician
-
Pocono Ear Nose Throat Associates Medical Clinic Physician
-
LVPG Ear, Nose and Throat-Pocono Physician
-
Jason F. Ohlstein, MD, MS, MPH Physician
-
MVM Health - Pain, Vein & Wellness Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$963k
Blend (final)
Blend
$805k
Owner & transaction history
Hussain G Malik · 21 yrs held
Hussain G Malik
since 2005
7 recorded transactions
Zoning & alternative use
IM · East Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to designate an area best suited for medical activities.
Zone name
Institutional Medical District
General category
CIVIC_INSTITUTIONAL
Zone area
48.20 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.3M
+35.7%
Auto repair, garage
$1.1M
+17.4%
Retail stores
$1.1M
+13.0%
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 East Stroudsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Stroudsburg 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$930,000
Current use
RESTAURANT
$1,260,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,090,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,050,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$100 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,478
Tax year 2024
Assessed value
$1,013,560
Assessed 2024
Previous assessed
$1,013,560
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$215,200
Assessed improvement
$798,360
Land market value
$215,200
Improvement market value
$798,360
Total market value
$1,013,560
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
8,064 SF
Lot
0.61 ac (26,572 SF)
Zoning code
IM
APN
05-1.2.9.3
UPID
US73-2729231
Jurisdiction
MONROE
Zoning & alternative use
IM · East Stroudsburg, PAZoning IM · permitted uses
IM · East Stroudsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to designate an area best suited for medical activities.
Zone name
Institutional Medical District
General category
CIVIC_INSTITUTIONAL
Zone area
48.20 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$930,000
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Hussain G Malik
Individual
Mailing address
296 E BROWN ST, EAST STROUDSBURG, PA 18301-3011
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
—
Hussain G Malik
—
Deed
related
$25,000 · Keystone Community Bank
Apr 25, 2024
—
Hussain G Malik
—
Deed
related
$100,000 · First Keystone Community Bank
Jan 27, 2022
—
Hussain G Malik
—
Deed
related
$170,000 · First Keystone Community Bank
Nov 19, 2019
—
Hussain G Malik
—
Deed
related
$160,000 · First Keystone Community Bank
Mar 7, 2019
—
Hussain G Malik
—
Deed
related
$60,000 · First Keystone Community Bank
Jul 6, 2017
—
Hussain G Malik
—
Deed
related
$774,000 · First Keystone Cmnty Bk
Mar 10, 2005
—
Hussain G Malik
Malik,hussain G & Aisha
Quit Claim Deed
related
—
—
—
Hussain G Malik
—
Deed Of Trust
related
$70,000 · Pocono Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$1,100,000 · Pocono Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$70,000 · First Keystone Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$25,000 · Pocono Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$10,000 · Pocono Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$774,000 · First Keystone Cmnty Bk
—
—
Hussain G Malik
—
Deed Of Trust
related
$70,000 · Pocono Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$15,000 · Pocono Community Bank
—
—
Hussain G Malik
—
Deed Of Trust
related
$50,000 · First Keystone Community 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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