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Property profile & analytics
FOR SALE
Investment properties
5 Bank St Monticello, NY 12701
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-4905532
For Sale
1 / 26
$520,000
5 Bank St, Monticello, NY 12701
View Listing →
Property summary
AI-generated overview
680 sq. ft. with a full basement. Renovations have been started. There is a new concrete floor in the basement and all the stone walls have been reapointed to make them water tight. New sewer pipes have been installed in the basement and a hot water heater. Upstairs there is all new subflooring throuhout the building. Some walls were taken out others were reinforced. All the old ceilings were taken out and many rooms have new sheet rock . The top floor and the orginal home of the Masons has a large meeting room
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
10,260 SF
Lot
0.12 ac (5,151 SF)
Zoning code
B2
APN
484601 112.-9-6
UPID
US63-4905532
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
183 Conover LLC · 4 yrs held
183 Conover LLC
since 2021
Last sale
$405,000
1 recorded transaction
Zoning & alternative use
B2 · Monticello, 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 Monticello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monticello 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
$100,000
Assessed 2023
Previous assessed
$100,000
+0.0% YoY
Assessed land
$20,000
Assessed improvement
$80,000
Land market value
$40,000
Improvement market value
$160,000
Total market value
$200,000
Applied tax rate
484,601.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1910
Heating
NONE
Buildings
1
Stories
3
Total area
10,260 SF
Lot
0.12 ac (5,151 SF)
Zoning code
B2
APN
484601 112.-9-6
UPID
US63-4905532
Jurisdiction
SULLIVAN
Zoning & alternative use
B2 · Monticello, NY
Zoning B2 · permitted uses
B2 · Monticello, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monticello. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
3
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
183 Conover LLC
Entity
Free & Clear · 4 yrs held
Mailing address
97 DIKEMAN ST, BROOKLYN, NY 11231-1505
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
$405,000
183 Conover LLC
Promenade INC
Warranty Deed
—
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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