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Property profile & analytics

488 164th Stc Bronx, NY 10456-6620

  • Retail space
  • 22,623 SF
  • 0.79 lot acres
OFF-MARKET
Last Sale
Apr 21, 2025
$15,583,860
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-3624396
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Housing Solutions of New York / Non-Profit Organization / Corporate Office
  • L & M Builders / Construction Company
  • TOUCH OF NY Natural Hair Salon / Hair Salon / Barber Shop
  • The Encouraging Space / Mental Health Service
  • Acacia Network: Chemical Dependence Outpatient Programs / Low Income Housing Program / Homeless Service

Property Details for 488 164th Stc

Year built
2003
Lot size
0.79 lot acres
Property size
22,623 SF
Zone code
M11R72
Property type
Retail space
APN
02368-1001
APU
23681001

Description

This exceptional 3,000 square foot retail space is ideally situated in the vibrant Concourse Village neighborhood of the Bronx, New York, at 488 East 164th Street, zip code 10456. The property boasts a single-tenant occupancy and benefits from excellent visibility and accessibility. Its location between Washington Avenue and 3rd Avenue places it in close proximity to the Prospect Avenue subway station, providing convenient access to the 2 and 5 train lines. Furthermore, numerous bus lines, including the BX6-SBS, BX13, BX6, BX15, BX21, BX41, and BX41-SBS, serve the area, ensuring high pedestrian and vehicular traffic. The property enjoys a strong tenant base in its immediate vicinity, including well-known national and local businesses such as McDonald's, Aldi, Chipotle, Dunkin', and numerous other retail establishments and supermarkets. This prime location offers significant potential for a variety of retail businesses seeking a high-traffic, well-established commercial area within the Bronx. The property is categorized as retail, with a single-tenant occupancy, and is located in Bronx County, New York. This presents a unique opportunity for businesses looking to establish or expand their presence in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.9094
Latitude
40.8254
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$141,820
$64,390
$1,274,548
$1,338,938
-
$143,088
$3,205,000
$3,348,088
More about this property
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