Property profile

8 Stage Rd Monroe, NY 10950

FOR SALE
Other investment properties
Property ID
US63-0673577
2,200 SF 0.04 ac lot Built 1935
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a professional office space consisting of two rooms, located on the second floor in Orange County, New York, near downtown Monroe. It includes central air conditioning and a bathroom located in the hallway. The site encompasses a lot area of 0.0378 acres, and the location provides access to nearby shopping, municipal buildings, restaurants, and other amenities, with street parking available.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1935
Total area 2,200 SF
Lot 0.04 ac (1,647 SF)
Zoning code CB
APN 334001 212-5-1
UPID US63-0673577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store
  • Medical Clinic

Location

8 Stage Rd Monroe, NY 10950
Monroe metro Census 14101 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2022
Last sale
$399,900
1 recorded transaction
2022
$399,900

Zoning & alternative use

CB · Monroe, NY
Zoning description

The purpose of this district is for ambulance service, bank or financial institution, community recreation or park, existing residential (single and two family), fire protection service, funeral and interment service

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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