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Property profile & analytics
OFF-MARKET
Estimated value
$5,750,000
Auto shops
1077 Home St 1083, Bronx, NY 10459-2601
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-1272187
Property summary
AI-generated overview
This 20,000-square-foot warehouse, located at 1077 Home Street in the Bronx, New York (zip code 10459), presents a compelling investment opportunity for owner-users and investors alike. The property boasts a 100ft x 200ft lot size, mirroring the warehouse dimensions. Ceiling heights range from 14 to 16 feet, providing ample vertical space. Access is convenient, with street-to-street access and three drive-in doors. The warehouse is equipped with a fully sprinklered (dry system) fire suppression system and a robust 600-amp electrical service. The property is zoned M1-1 and features a Certificate of Occupancy for a 96-car public parking garage and auto repair facility. Its former use as a parking garage suggests potential for various adaptations. This location offers proximity to subway lines, enhancing accessibility. The property is situated within a Qualified Opportunity Zone, offering potential tax advantages. Annual real estate taxes are approximately $49,000. Suitable uses include fleet maintenance, warehouse and distribution, manufacturing, showroom/office space, and car services (taxis, Uber, Lyft). APN: 3006-5.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1931
Total area
20,000 SF
Lot
0.46 ac (20,000 SF)
Zoning code
M1-1
APN
03006-0005
UPID
US63-1272187
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
$5.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.75M
Owner & transaction history
Saps Home-freeman LLC · 1 yrs held
Saps Home-freeman LLC
since 2024
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
M1-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bronx submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bronx 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
$5,750,000
ML approach
$5,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.75M
Range $5.18M – $6.33M · ±10% · vs last sale $5.75M (Dec 24 2024)
Last sale anchor
$5.75M
Dec 24 2024
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
$288 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$49,799
Tax year 2024
Assessed value
$470,160
Assessed 2024
Previous assessed
$445,050
+5.6% YoY
Effective rate
10.59%
On assessed value
Assessed land
$225,000
Assessed improvement
$245,160
Land market value
$500,000
Improvement market value
$665,000
Total market value
$1,165,000
Applied tax rate
4.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
20,000 SF
Lot
0.46 ac (20,000 SF)
Zoning code
M1-1
APN
03006-0005
UPID
US63-1272187
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Bronx, NY
Zoning M1-1 · permitted uses
M1-1 · Bronx, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bronx. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Saps Home-freeman LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1536 3RD AVE FL #3, NEW YORK, NY 10028-2226
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
$5,750,000
Saps Home-freeman LLC
1077 Home Street LLC
Deed
—
Dec 19, 2019
—
Carton Electrical LLC
—
Deed
related
$735,000 · Manufacturers & Traders Tr
Feb 22, 2011
—
1077 Home Street LLC
Three Boroughs LLC
Grant Deed
—
Jul 21, 2010
—
Carton Electrical LLC
—
Deed Of Trust
related
$1,150,000 · M&t Real Estate Trust (ct)
—
—
Carton Electrical LLC
—
Deed Of Trust
related
$439,376 · M&t Real Estate Trust (ct)
—
—
Carton Electrical LLC
—
Loan Modification
related
$2,000,000 · Manufacturers & Traders Tr
—
—
West Farms Road LLC|1077 Home Street LLC
—
Deed Of Trust
related
$313,890 · M & T R/e Trust (ct)
—
—
Carton Electrical LLC
—
Deed Of Trust
related
$735,000 · Manufacturers & Traders Tr
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.
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