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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Strip malls
51 Frst Rd, Monroe, NY 10950-2948
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-3794282
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
70,275 SF
Lot
4.07 ac (177,185 SF)
Zoning code
PD
APN
336001 305-1-48.22
UPID
US63-3794282
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
-
Heritage Silver Factory Production Facility
-
Schnitzer Shoes & Repair (Bike/Boat/Book/etc) Store
-
Kaufman's Catering Take-out & Catering Catering Service
-
Kiryas Joel Shopping Center Shopping Center & Mall
-
Spilman Linen & Dry Goods Clothing Store Linens Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.28M
Owner & transaction history
Uta Of Kjmc INC · 6 yrs held
Uta Of Kjmc INC
since 2020
5 recorded transactions
Zoning & alternative use
PD · 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
$780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$18 / 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
$1,046,100
Assessed 2023
Previous assessed
$1,046,100
+0.0% YoY
Assessed land
$86,100
Assessed improvement
$960,000
Land market value
$555,481
Improvement market value
$6,193,519
Total market value
$6,749,000
Applied tax rate
334,002.0000
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
2
Total area
70,275 SF
Lot
4.07 ac (177,185 SF)
Zoning code
PD
APN
336001 305-1-48.22
UPID
US63-3794282
Jurisdiction
ORANGE
Zoning & alternative use
PD · Monroe, NY
Zoning PD · permitted uses
PD · 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
2
Buildings
2
Lot
4.07 ac
Current owner
From public records · entity-resolved
Uta Of Kjmc INC
Entity
Free & Clear · 6 yrs held
Mailing address
51 FRST RD STE #375, MONROE, NY 10950-2963
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2020
—
Uta Of Kjmc INC
Uta Of Kjsc INC
Quit Claim Deed
related
—
Sep 16, 2009
—
Village Of Kiryas Joel
Uta Of Kj Sc INC
Grant Deed
related
—
—
—
Uta Of Kj Sc INC
—
Loan Modification
related
$13,500,000 · Td Bk NA
—
—
Uta Of Kj Mc INC
—
Loan Modification
related
$7,000,000 · Td Bk NA
—
—
Kj Mc INC
—
Deed Of Trust
related
$4,457,170 · Td Bk NA
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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