New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office buildings
412 Main St, Monroe, NY 10950-2893
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-6269435
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Total area
4,000 SF
Lot
0.33 ac (14,200 SF)
Zoning code
GB
APN
334001 202-1-3
UPID
US63-6269435
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
-
Exteam LLC Real Estate Agency
-
Ark Mortgage Inc Loan Service Bank
-
Hartman Design Inc Architectural Designer
-
Wayne M Weiss, MD Physician
-
Northwell Health at Monroe Community Health Centre
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.03M
Owner & transaction history
47-51 Cottage LLC · 7 yrs held
47-51 Cottage LLC
since 2018
7 recorded transactions
Zoning & alternative use
GB · Monroe, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$825,000
+8.4%
Commercial (general)
$790,000
+3.7%
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%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Current use
RETAIL STORES
$825,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$790,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$670,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$256 / 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
$153,300
Assessed 2023
Previous assessed
$153,300
+0.0% YoY
Assessed land
$35,600
Assessed improvement
$117,700
Land market value
$290,373
Improvement market value
$960,027
Total market value
$1,250,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Heating
NONE
Buildings
1
Stories
2
Total area
4,000 SF
Lot
0.33 ac (14,200 SF)
Zoning code
GB
APN
334001 202-1-3
UPID
US63-6269435
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$760,000
RETAIL STORES
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$670,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2016
Heating
NONE
Stories
2
Buildings
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
47-51 Cottage LLC
Entity
Mailing address
412 N MAIN ST, MONROE, NY 10950-2893
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2018
$193,600
47-51 Cottage LLC
Catizone Family Irrev Trust
Grant Deed
—
Dec 5, 2018
$141,900
47-51 Cottage LLC
Catizone Family Irrev Trust
Grant Deed
—
Dec 5, 2018
$123,500
47-51 Cottage LLC
Catizone-macri,gina
Grant Deed
—
Dec 5, 2018
$162,600
47-51 Cottage LLC
Catizone Family Irrev T
Grant Deed
—
Dec 5, 2018
$168,600
47-51 Cottage LLC
Catizone Family Irrev Trust
Grant Deed
—
Apr 7, 2017
—
412 N Main Street LLC
—
Deed
related
$280,000 · Northeast Community Bank
Jul 30, 2015
—
412 N Main Street LLC
—
Trustees Deed
related
$700,000 · Northeast Cmnty Bk
Mar 27, 2015
—
412 North Main Street LLC
Guttman Otto
Grant Deed
related
—
Dec 30, 2014
$160,000
Otto Guttman
Venice Real Estate Corp
Grant Deed
$110,000 · Venice Real Estate Corp
Nov 1, 2005
$140,000
Venice Real Estate Corp
Peschel,alexander
Warranty Deed
—
—
—
412 N Main Street LLC
—
Loan Modification, Consolidation And Extension
related
$980,000 · Northeast Cmnty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 412 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
