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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
344 Airport Rd East Stroudsburg, PA 18301-8575
Individually Owned
3-yr Hold
Property ID
US73-5806794
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1945
Total area
2,044 SF
Lot
4.56 ac (198,634 SF)
Zoning code
R1
APN
16.6.1.13
UPID
US73-5806794
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
$570k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Anthony Luongo · 3 yrs held
Anthony Luongo
since 2022
Last sale
$630,000
3 recorded transactions
Zoning & alternative use
R1 · East Stroudsburg, PA
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 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
$520,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$490,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $630k (Oct 31 2022)
Last sale anchor
$630k
Oct 31 2022
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
$281 / 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
$1,808
Tax year 2024
Assessed value
$259,310
Assessed 2024
Previous assessed
$259,310
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$77,040
Assessed improvement
$182,270
Land market value
$77,040
Improvement market value
$182,270
Total market value
$259,310
Applied tax rate
16.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1945
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
8
Bathrooms
1
Total area
2,044 SF
Lot
4.56 ac (198,634 SF)
Zoning code
R1
APN
16.6.1.13
UPID
US73-5806794
Jurisdiction
MONROE
Zoning & alternative use
R1 · East Stroudsburg, PA
Zoning R1 · permitted uses
R1 · East Stroudsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Stroudsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
8
Bathrooms
1
Lot
4.56 ac
Current owner
From public records · entity-resolved
Anthony Luongo
Individual
Mailing address
9 BREDDER CT, ELMWOOD PARK, NJ 07407-2503
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
$630,000
Anthony Luongo
Timothy R Primrose JR
Deed
$598,500 · Semper Home Loans INC
Jan 12, 2006
—
Timothy R Primrose
Timothy R Primrose JR
Deed
$250,000 · New Century Mortgage Corp
—
—
Charles P Turtzo
—
Deed Of Trust
related
$85,508 · National City Mortgage Co
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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