Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15 Gouverneur Pl Bronx, NY 10456-5361

    • Retail residential properties
    • 8,133 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimations
    $1,155,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-6265011
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail residential properties

    Property Details for 15 Gouverneur Pl

    Year built
    1931
    Lot size
    0.04 lot acres
    Property size
    8,133 SF
    Zone code
    M11R72
    Property type
    Retail residential properties
    APN
    02388-0051
    APU
    23880051

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,360,000
      Market price range: $1.21M - $2.80M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9083
    Latitude
    40.8293
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,304
    $700
    $121,716
    $122,416
    -
    $9,000
    $1,564,200
    $1,573,200

    Comparable in this City

    • Value Estimation
      $1,800,000
      13,950 SF

      605 168th St

      STORES & APARTMENTS • 13,950 SF
      605 168th St, Bronx, NY 10456-3838
      View Details
    • Value Estimation
      $4,420,000
      105,623 SF

      1016 Washington Ave

      STORES & APARTMENTS • 105,623 SF
      1016 Washington Ave, Bronx, NY 10456-6688
      View Details
    • Value Estimation
      $1,400,000
      10,850 SF

      3414 3rd Ave

      STORES & APARTMENTS • 10,850 SF
      3414 3rd Ave, Bronx, NY 10456-5365
      View Details
    • Value Estimation by Request
      10,215 SF

      921 Eagle Ave

      STORES & APARTMENTS • 10,215 SF
      921 Eagle Ave, Bronx, NY 10456-7345
      View Details
    • Value Estimation
      $940,000
      4,751 SF

      502 167th St

      STORES & APARTMENTS • 4,751 SF
      502 167th St, Bronx, NY 10456-4404
      View Details
    • Value Estimation
      $2,005,000
      10,965 SF

      382 168th St

      STORES & APARTMENTS • 10,965 SF
      382 168th St, Bronx, NY 10456-3738
      View Details

    Similar Nearby for Sale

    • $18,500,000
      118,000 SF

      Prime Bronx Mixed-Use Portfolio

      139 Apartments & 2 Stores - High ROI
      The Clay Ave, The Bronx, NY 10456
      View Details
    • $1,399,999
      3,375 SF

      Bronx Mixed-Use Investment

      3,375 SF, 8% Cap Rate, Value-Add
      1042 Washington Ave, The Bronx, NY 10456
      View Details
    • New
      $750,000
      0.04 Acres

      Bronx Mixed-Use Investment Opportunity

      Mixed-use property package deal in the Bronx for sale.
      277 E 169Th St, Bronx, NY 10456
      View Details
    • $949,999
      2,394 SF

      Bronx Two-Family Brownstone Home

      Immaculate two-family brownstone in the Crotona section of the Bronx.
      1475 Crotona Pl, Bronx, NY 10456
      View Details
    • $799,900
      Pending

      Updated Duplex in Bronx, NY

      Spacious, updated 2-family home with finished basement and private backyard.
      1323 Clay Ave, Bronx, NY 10456
      View Details
    • $749,999
      Pending

      Bronx Two-Family Home For Sale

      Well-maintained two-family home in the Bronx, ideal for investors.
      1047 Trinity Ave, Bronx, NY 10456
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr

      Storefront Ready For Rent

      Storefront property near shops and transportation available for rent.
      844 Saint Anns Ave, Bronx, NY 10456
      View Details
    • $2,500 /Mo
      750 SF

      Bronx Medical Space Available

      Medical office space for rent in the Bronx.
      1103 Franklin Ave, Bronx, NY 10456
      View Details
    • $3,500 /Mo

      High-Visibility Retail Space Available

      Retail space in a high-traffic commercial area for rent.
      633 E 169Th St, Bronx, NY 10456
      View Details
    • $3,250 /Mo
      952 SF

      Bronx Retail/Office Space for Rent

      952 SF retail/office space near Bronx courts.
      192 E 164Th St, Bronx, NY 10456
      View Details
    • Contact for pricing
      8,000 SF

      8,000 SF Flex Space Available

      Two-story flex space with overhead door and sprinkler system.
      429-433 E 164Th St, Bronx, NY 10456
      View Details
    • Contact for pricing
      5,000 SF

      5,000 SF Flex Space

      5,000 SF space suitable for industrial or retail use.
      546 E 170Th St, Bronx, NY 10456
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Gouverneur Pl
    Bronx, NY 10456-5361
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.