Property profile

388-390 198th St Bronx, NY 10458

OFF-MARKET
Warehouses
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Property ID
US63-2971893
2,350 SF 0.12 ac Built 1931
Last sale Feb 2024·$1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$131k
Assessed land$50k
Assessed improvement$80k
Effective rate10.59%

Value estimate

· Nov 2026
$1.30M
$1.17M – $1.43M
AI approach$1.30M
CAP approach$1.76M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$388/SF
Submarket average, outlier-cleaned · 99 recorded sales of this use type
Observed band · Q1–Q3$249 – $581
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
General categoryRESIDENTIAL
JurisdictionBRONX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm130.1
Realty agency102.6
Gym & Fitness28.6

Location

388-390 198th St Bronx, NY 10458
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4663 3rd, Bronx, NY 10458 $2,400,000 Jan 2026 12,700 SF
2369 Lorillard, Bronx, NY 10458-8004 $1,350,000 Dec 2025 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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