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Property profile & analytics
OFF-MARKET
Investment properties
1163 Boston Rd Bronx, NY 10456-5377
Individually Owned
18-yr Hold
Property ID
US63-5402997
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Total area
2,155 SF
Lot
0.06 ac (2,620 SF)
Zoning code
R6
APN
02614-0051
UPID
US63-5402997
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
Current use
Occupant on record · Public records
-
Belinda's African Carribean Market Grocery & Convenience Store Food Market
-
New Covenant Community Development Corporation Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Restoration Elg · 18 yrs held
Restoration Elg
since 2007
5 recorded transactions
Zoning & alternative use
R6 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,062
Tax year 2024
Assessed value
$15,245
Assessed 2024
Previous assessed
$15,245
+0.0% YoY
Effective rate
20.09%
On assessed value
Assessed land
$3,479
Assessed improvement
$11,766
Land market value
$144,000
Improvement market value
$487,000
Total market value
$631,000
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
2,155 SF
Lot
0.06 ac (2,620 SF)
Zoning code
R6
APN
02614-0051
UPID
US63-5402997
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Bronx, NY
Zoning R6 · permitted uses
R6 · 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
1920
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Restoration Elg
Individual
Mailing address
1163 BOSTON RD, BRONX, NY 10456-5377
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
—
Elg Restoration & Redemption Corp.
—
Deed
related
$622,500 · Mers
Oct 25, 2024
—
Elg Restoration & Redemption Corpor
—
Deed
related
$75,000 · Geen Grass Group Incorporated
Oct 12, 2021
—
Elg Restoration & Redemption Corpor
—
Deed
related
$525,000 · 4343 Sleepy Hollow Group INC
Dec 20, 2007
$430,000
Restoration Elg
1163 Boston Rd LLC
Grant Deed
$280,000 · Ponce De Leon Federal Bank
May 23, 2007
$227,500
1163 Boston Rd LLC
Stinnett,herbert J & Sydney
Grant Deed
—
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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