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Property profile & analytics
OFF-MARKET
Estimated value
$5,410,000
Retail residential properties
1560 Boone Ave Bronx, NY 10460-5687
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-5214346
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2015
Total area
164,762 SF
Lot
0.56 ac (24,381 SF)
Zoning code
R8X
APN
03014-0005
UPID
US63-5214346
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
-
goddess of ancestors Hair Salon
-
Verify Me Mobile Notaries Law Firm
-
Essen Health Care Urgent & Primary Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.41M
Owner & transaction history
Samaritan-compass III & IV Housing · 9 yrs held
Samaritan-compass III & IV Housing
since 2016
6 recorded transactions
Zoning & alternative use
R8X · 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
$33 / 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
Assessed value
$5,023,080
Assessed 2024
Previous assessed
$4,940,100
+1.7% YoY
Assessed land
$548,550
Assessed improvement
$4,474,530
Land market value
$1,219,000
Improvement market value
$9,407,000
Total market value
$10,626,000
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2015
Heating
NONE
Buildings
1
Stories
14
Units
166
Total area
164,762 SF
Lot
0.56 ac (24,381 SF)
Zoning code
R8X
APN
03014-0005
UPID
US63-5214346
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8X · Bronx, NY
Zoning R8X · permitted uses
R8X · 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
2015
Heating
NONE
Stories
14
Buildings
1
Units
166
Lot
0.56 ac
Current owner
From public records · entity-resolved
Samaritan-compass III & IV Housing
Individual
Mailing address
1560 BOONE AVE, BRONX, NY 10460-5687
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
—
Compass Two A LLC
—
Deed
related
$10,240,000 · Miscellaneous Govt Agcy
Jan 10, 2018
—
Compass Three Lihtc LLC
—
Deed
related
$7,511,184 · New York City Housing Development Corpor
Oct 20, 2016
$10,126,610
Samaritan-compass III & IV Housing
Boone West Farms LLC
Deed
—
Aug 5, 2015
—
Compass Two A LLC
—
Grant Deed
related
$16,204,429 · Housing & Cmnty Dev Dept
—
—
Mbd Compass Two A Hsng Dev Fun
—
Deed Of Trust
related
$999 · Miscellaneous Govt Agcy
—
—
Compass Two A LLC
—
Loan Modification
related
$10,240,000 · Miscellaneous Govt Agcy
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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