Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Bronx New York The The Bronx, NY 10459

    • Retail properties
    • 1,100 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Bronx New York The

    Year built
    1968
    Property size
    1,100 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This well-established Bronx restaurant, built in 1968, offers a fantastic investment opportunity. Boasting 1,100 square feet of space, this retail property has generated a gross revenue of $1,248,482 and a cash flow of $421,183. The sale includes all furniture, fixtures, and equipment (valued at $600,000) and inventory ($20,000). The business operates as an S Corp and is being offered for sale due to the owner's retirement. This highly-rated pizza place has cultivated a loyal customer base for generations, with many former neighborhood residents still returning for takeout. The menu features a wide variety of options, including pizza, pasta, and calzones. The current owner's minimal on-site presence highlights the efficient and experienced staff. The business is conveniently located in a busy Bronx neighborhood, steps from a major subway station, ensuring high visibility and accessibility. Terms and conditions are negotiable, and complete training and support are included in the sale price. This is a rare chance to acquire a thriving, turnkey business with a strong track record and significant growth potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8919
    Latitude
    40.8285

    Comparable in this City

    • Value Estimation by Request
      7,500 SF

      1155-59 Southern Blvd

      Medical offices • 7,500 SF
      1155-59 Southern Blvd, The Bronx, NY 10459
      View Details
    • Value Estimation by Request

      900 Rogers Pl

      Retail properties
      900 Rogers Pl, The Bronx, NY 10459
      View Details
    • Value Estimation by Request
      4,822 SF

      1325 Southern Blvd

      Retail properties • 4,822 SF
      1325 Southern Blvd, The Bronx, NY 10459
      View Details
    • Value Estimation by Request
      1,400 SF

      987 Prospect Ave

      Medical offices • 1,400 SF
      987 Prospect Ave, Bronx, NY 10459
      View Details
    • Value Estimation
      $545,000
      2,166 SF

      930-934 Rogers Pl

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,166 SF
      930-934 Rogers Pl, Bronx, NY 10459
      View Details
    • Value Estimation
      $395,000
      700 SF

      Freeman St

      CAR WASH • 700 SF
      Freeman St, Bronx, NY 10459
      View Details

    Similar Nearby for Sale

    • $20,000,000
      58,540 SF

      Bronx Mixed-Use Investment Opportunity

      Prime Bronx medical & retail building, 58,540 SF.
      840 Westchester Ave, The Bronx, NY 10459
      View Details
    • $25,000,000
      77,000 SF

      Bronx Retail and Parking Opportunity

      Retail property with parking garage in Bronx, New York.
      867 Longwood Ave, Bronx, NY 10459
      View Details
    • $25,000,000
      77,000 SF

      Commercial Building For Sale

      Commercial Building For Sale
      867 Longwood Avenue, Bronx, NY 10459
      View Details
    • $3,100,000

      Large Commercial Property For Sale

      Four-story commercial building with open space and tire shop.
      1074 Hall Pl, Bronx, NY 10459
      View Details
    • $897,000
      2,080 SF

      Bronx Two-Family Brick Home

      Two identical units, three bedrooms, two baths, finished basement.
      815 E 170Th St, Bronx, NY 10459
      View Details
    • $615,000
      Pending

      Bronx Duplex For Sale

      Two-unit residential income property in the Bronx, New York.
      1241 Intervale Ave, Bronx, NY 10459
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      495 SF

      Retail Space Near Subway Station

      Retail space with high foot traffic near 2, 5, 6 trains.
      940-948 Southern Blvd, Bronx, NY 10459
      View Details
    • $4,800 /Mo
      864 SF

      Former Restaurant Space Available

      Restaurant space for rent in the Bronx.
      1053-1057 Hoe Ave, Bronx, NY 10459
      View Details
    • Contact for pricing
      7,500 SF

      Prime Bronx Medical Office Space

      7,500 SF Medical Office For Lease
      1155-59 Southern Blvd, The Bronx, NY 10459
      View Details
    • $52 SF/Yr
      1,400 SF

      Prospect Ave Medical Office Space

      Bronx Medical Office - 1400 SF Available
      987 Prospect Ave, Bronx, NY 10459
      View Details
    • Contact for pricing
      1,900 SF

      Prime Bronx Retail Space

      1,900 SF Retail Space - The Bronx
      936 Southern Blvd, The Bronx, NY 10459
      View Details
    • $25 SF/Yr
      1,650 SF

      Retail Space in New Development

      Retail and community space available in new Bronx development.
      961 Westchester Ave, Bronx, NY 10459
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Bronx New York The
    The Bronx, NY 10459
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.