Property profile

1240 Tremont Ave Bronx, NY 10460

OFF-MARKET
Retail space
Property ID
US63-1883676
10,500 SF 0.42 ac lot Built 1951
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 10,500 SF
Lot 0.42 ac (18,500 SF)
Zoning code M1-1
APN 03909-0086
UPID US63-1883676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Courier Service Postal Service

Location

1240 Tremont Ave Bronx, NY 10460-3007
Bronx metro Census 21800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.40M
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k

Owner & transaction history

since 2011
1 recorded transaction
2011
$1.7M

Zoning & alternative use

M1-1 · Bronx, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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