Financial
Distress signals
Property profile

240 Tremont Ave Bronx, NY 10457

OFF-MARKET
Other investment properties
Property ID
US63-1674451
12,160 SF 0.09 ac lot Built 1908
Last sale Mar 2019 · $1,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 240 East Tremont Avenue in the Bronx, NY, this mixed-use, 4-story building contains 8 residential units and 2 retail spaces within 12,160 square feet of gross building area. The residential component includes 6 rent-stabilized units and 2 market-rate units, with multiple units and one retail space not currently occupied. The property is zoned R8, providing an as-of-right maximum buildable floor area of 29,548 square feet, with an estimated potential to reach 35,458 square feet

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$184k
Assessed land$3k
Assessed improvement$181k
Effective rate12.50%

Value estimate

· Sep 2026
$1.64M
$1.47M – $1.80M
Sales comparison$1.87M

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$267/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$69 – $426
Qualifying comparables23

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?
R8
This district is designed to provides for high density housing, typically for urban neighborhoods with significant access to transportati...
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 Firm174.6
Realty agency141.4
Gym & Fitness39.8

Location

240 Tremont Ave Bronx, NY 10457-5326
County assessor Recorded deeds · 8 transfers 23 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1570 Webster, Bronx, NY 10457-8055 $1,800,000 Apr 2025 11,921 SF
1549 Selwyn, Bronx, NY 10457-8752 $1,349,999 Mar 2025 4,353 SF
2276 Arthur, Bronx, NY 10457-1650 $1,850,000 Aug 2023 4,560 SF
300 Tremont, Bronx, NY 10457-4241 $2,000,000 Dec 2022 5,250 SF
2115 Tiebout, Bronx, NY 10457-3149 $1,200,000 Jun 2022 4,224 SF
219 Burnside, Bronx, NY 10457-3726 $499,000 Oct 2020 3,944 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
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