Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,105,000
Banks
845 State Rte 17m Monroe, NY 10950-1606
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-4080239
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1982
Total area
10,068 SF
Lot
1.4 ac (60,984 SF)
Zoning code
GB
APN
334001 201-1-2.1
UPID
US63-4080239
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
$5.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.11M
Owner & transaction history
845 Route 17m Realty LLC · 4 yrs held
845 Route 17m Realty LLC
since 2022
Last sale
$4.5M
6 recorded transactions
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
Method
Estimation
Statistic approach
$5,615,000
ML approach
$5,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.11M
Range $4.59M – $5.62M · ±10% · vs last sale $4.50M (Mar 3 2022)
Last sale anchor
$4.50M
Mar 3 2022
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
$507 / 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
$251,300
Assessed 2023
Previous assessed
$251,300
+0.0% YoY
Assessed land
$62,100
Assessed improvement
$189,200
Land market value
$506,536
Improvement market value
$1,543,264
Total market value
$2,049,800
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
1982
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
10,068 SF
Lot
1.4 ac (60,984 SF)
Zoning code
GB
APN
334001 201-1-2.1
UPID
US63-4080239
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
1982
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
845 Route 17m Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1 SHINEV CT, MONROE, NY 10950-6012
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2022
—
845 RT 17m Realty LLC
—
Deed
related
$3,375,000 · Hudson Valley FCU
Mar 3, 2022
$4,500,000
845 Route 17m Realty LLC
845 Route 17m LLC
Deed
—
Jan 16, 2018
—
Village Of Monroe
845 Route 17m Associates LLC
Grant Deed
related
—
Jan 13, 2011
$1,600,000
845route 17m Associates LLC
800 Route 17m Associates
Grant Deed
—
—
—
845 Route 17m Associates LLC
—
Loan Modification
related
$1,400,000 · Hudson Valley FCU
—
—
845 Route 17m Associates LLC
—
Deed Of Trust
related
$91,074 · Hudson Valley FCU
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 845 State Rte 17m?
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.
