Individually Owned 
For Sale
1 / 5
Contact for pricing
1341 Blondell Ave, Bronx, NY 10461
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Property summary
AI-generated overview
The property includes a 6,600-square-foot lot with an approximately 75-by-88-foot building footprint. The interior is configured with natural separations of about 4,000 square feet and 2,600 square feet. Ceiling heights range from approximately 14 feet to 17 feet. Heating is provided by oil heat, and the electrical system includes a 400-amp, 3-phase service. A legal spray booth is installed on site. The building’s certificate of occupancy is for auto repair (Use Group 16-17).
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1949
Total area
6,600 SF
Lot
0.15 ac (6,750 SF)
Zoning code
M1-1
APN
04072-0019
UPID
US63-3144972
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
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$480k
Owner & transaction history
since 1996
2 recorded transactions
Zoning & alternative use
M1-1 · Bronx, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$480k
Value range
$432k – $528k
±10% around blend
Estimated value / SF
$73 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
50
Income certainty
100
$432k
blend $480k
$528k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,600 SF
Lot area
0.15 ac
Year built
1949
Stories
1
APN
04072-0019
Zoning
M1-1
Assessed value
$337,590
Annual tax
$34,318
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$34,318
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.61M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.5 mi away · 5,000 SF
6.7 mi away · 5,223 SF
9.9 mi away · 5,375 SF
9.9 mi away · 4,660 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$480k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 150 sales
$728
-90%
County 150 sales
$728
-90%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $73/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
4.87%
Selected cap rate for this auto shops
Derived from the Bronx market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.87%
9.0%
NOI (est.)
$139k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.85M
Move the market yield to see immediate price impact.
Value / SF
$432
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.37%4.87%5.37%
$125k
$2.86M
$2.57M
$2.33M
$139k
$3.18M
$2.85M
$2.59M
$153k
$3.50M
$3.14M
$2.85M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$2.80M
1.9 mi · Dec 2025 · $461/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$34,318
Tax year 2024
Assessed value
$337,590
Assessed 2024
Previous assessed
$339,750
-0.6% YoY
Effective rate
10.17%
On assessed value
Assessed land
$54,000
Assessed improvement
$283,590
Land market value
$120,000
Improvement market value
$600,000
Total market value
$720,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1949
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
6,600 SF
Lot
0.15 ac (6,750 SF)
Zoning code
M1-1
APN
04072-0019
UPID
US63-3144972
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Bronx, NYZoning M1-1 · permitted uses
M1-1 · Bronx, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1-1
Jurisdiction
Bronx, NY
Recorded code
M1-1
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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