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Property profile & analytics
OFF-MARKET
Strip malls
411 State Rte 17m, Monroe, NY 10950-4123
Entity Owned
3-yr Hold
Free & Clear
Property ID
US63-2670611
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
2,938 SF
Lot
1.3 ac (56,628 SF)
Zoning code
GB
APN
334001 223-1-4
UPID
US63-2670611
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Route 208 Holdings LLC · 3 yrs held
Route 208 Holdings LLC
since 2022
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$215,000
Assessed 2023
Previous assessed
$215,000
+0.0% YoY
Assessed land
$64,000
Assessed improvement
$151,000
Land market value
$522,032
Improvement market value
$1,231,668
Total market value
$1,753,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
2
Stories
1
Total area
2,938 SF
Lot
1.3 ac (56,628 SF)
Zoning code
GB
APN
334001 223-1-4
UPID
US63-2670611
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
1987
Heating
NONE
Stories
1
Buildings
2
Lot
1.3 ac
Current owner
From public records · entity-resolved
Route 208 Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
64 MALLORY LN, PINE BUSH, NY 12566-6500
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
—
Route 208 Holdings LLC
Route 208 Holdings LLC
Deed
related
—
Oct 4, 2021
—
Gables Of Orange County
—
Deed
related
$340,944 · Walden Federal Savings Bank
Oct 19, 2018
—
Gables Of Orange County LLC
—
Deed
related
$166,573 · Walden Svgs Bk
Jan 26, 2017
—
Gables Of Orange County LLC
—
Deed
related
$920,000 · Walden Svgs Bk
Jun 3, 2016
—
Gables Of Orange County LLC
—
Trustees Deed
related
$200,000 · Walden Svgs Bk
Feb 10, 2016
—
Gables Of Orange County LLC
—
Trustees Deed
related
$150,000 · Walden Svgs Bk
Oct 22, 2015
—
Gables Of Orange County LLC
—
Trustees Deed
related
$570,000 · Walden Svgs Bk
Sep 23, 2013
—
Gables Of Orange County LLC
Lenza,else
Grant Deed
related
—
—
—
Gables Of Orange County LLC
—
Deed Of Trust
related
$166,573 · Walden Svgs Bk
—
—
Gables Of Orange County LLC
—
Loan Modification, Consolidation And Extension
related
$920,000 · Walden Svgs Bk
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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