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Property profile & analytics
OFF-MARKET
Banks
515 State Rte 17m Monroe, NY 10950-3412
Entity Owned
Absentee Owner
Free & Clear
Property ID
US63-1764340
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1984
Total area
3,216 SF
Lot
2.5 ac (108,900 SF)
Zoning code
GB
APN
334001 222-1-3.21
UPID
US63-1764340
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
HUBCO INC
HUBCO INC
Zoning & alternative use
GB · Monroe, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ntral sewer). (5) SR-10 Suburban Residential District (10,000-square-foot lot with central sewer). (6) UR-M Urban Residential-Multifamily District. B. Nonresidential districts: (1) NB Neighborhood Business District. (2) GB General Business District. (3) LI Light Industry District. (4) HI Heavy Industry District. C. Overlay districts: (1) RP-O Ridge Protectio…
Zone name
General Business District
General category
CIVIC_INSTITUTIONAL
Zone area
259.70 ac
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
$210,000
Assessed 2023
Previous assessed
$213,200
-1.5% YoY
Assessed land
$161,200
Assessed improvement
$48,800
Land market value
$1,314,855
Improvement market value
$398,045
Total market value
$1,712,900
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
3,216 SF
Lot
2.5 ac (108,900 SF)
Zoning code
GB
APN
334001 222-1-3.21
UPID
US63-1764340
Jurisdiction
ORANGE
Zoning & alternative use
GB · Monroe, NYZoning GB · permitted uses
GB · Monroe, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ntral sewer). (5) SR-10 Suburban Residential District (10,000-square-foot lot with central sewer). (6) UR-M Urban Residential-Multifamily District. B. Nonresidential districts: (1) NB Neighborhood Business District. (2) GB General Business District. (3) LI Light Industry District. (4) HI Heavy Industry District. C. Overlay districts: (1) RP-O Ridge Protection Overlay. (2) WSP-O Water Supply Protection Overlay. (3) BP-O Business Park Overl
Zone name
General Business District
General category
CIVIC_INSTITUTIONAL
Zone area
259.70 ac
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
HUBCO INC
Entity
Free & Clear · 0 yrs held
Mailing address
380 WELLINGTON ST LONDON ONTARIO CANADA 6TH XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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