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Property profile & analytics
FOR LEASE
Distribution centers
320 State Route 208 12 Monroe, NY 10950
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-4321773
For Lease
$18 SF/Yr
320 State Route 208,Unit 12, Monroe, NY 10950
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1985
Total area
60,721 SF
Lot
6.49 ac (282,704 SF)
Zoning code
GB
APN
334001 203-3-3.1
UPID
US63-4321773
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
$1.44M
Blend (final)
Blend
$1.58M
Owner & transaction history
Threetel Holdings LLC · 13 yrs held
Threetel Holdings LLC
since 2012
6 recorded transactions
Zoning & alternative use
GB · Monroe, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$26 / 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
$352,600
Assessed 2023
Previous assessed
$352,600
+0.0% YoY
Assessed land
$106,500
Assessed improvement
$246,100
Land market value
$868,673
Improvement market value
$2,007,327
Total market value
$2,876,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1985
Heating
NONE
Buildings
1
Stories
2
Total area
60,721 SF
Lot
6.49 ac (282,704 SF)
Zoning code
GB
APN
334001 203-3-3.1
UPID
US63-4321773
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.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
2
Buildings
1
Lot
6.49 ac
Current owner
From public records · entity-resolved
Threetel Holdings LLC
Entity
Mailing address
36 TAAFFE PL, BROOKLYN, NY 11205-1409
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2020
—
Sum Realty LLC
—
Deed
related
$4,850,000 · Bethpage FCU
Oct 23, 2012
$2,650,000
Threetel Holdings LLC
Grout Ents Ltd
Grant Deed
related
—
—
—
Sum Realty LLC
—
Deed Of Trust
related
$795,088 · Sterling Nat'l Bk
—
—
Sum Realty LLC
—
Loan Modification
related
$2,300,000 · Sterling Nat'l Bk
—
—
Sum Realty LLC
—
Deed Of Trust
related
$1,575,000 · Westchester Bank
—
—
Sum Realty LLC
—
Loan Modification
related
$4,850,000 · Bethpage FCU
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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