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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Apartment buildings
1655 Undercliff Ave Bronx, NY 10453-7176
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-2969980
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Total area
146,286 SF
Lot
0.68 ac (29,800 SF)
Zoning code
R7-1
APN
02880-0115
UPID
US63-2969980
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
-
Stellar Management Property Management Company
-
Kaffe La Femme Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Liason Link 2 Links Theater & Performing Art Venue Music Venue
-
W&F PROFESSIONALS General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$995k
Owner & transaction history
Stellar Undercliff LLC · 5 yrs held
Stellar Undercliff LLC
since 2020
7 recorded transactions
Zoning & alternative use
R7-1 · 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
$7 / 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
Tax billed
$302,550
Tax year 2024
Assessed value
$2,420,010
Assessed 2024
Previous assessed
$2,404,530
+0.6% YoY
Effective rate
12.50%
On assessed value
Assessed land
$135,000
Assessed improvement
$2,285,010
Land market value
$300,000
Improvement market value
$5,107,000
Total market value
$5,407,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1967
Heating
NONE
Buildings
1
Stories
18
Units
125
Total area
146,286 SF
Lot
0.68 ac (29,800 SF)
Zoning code
R7-1
APN
02880-0115
UPID
US63-2969980
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-1 · Bronx, NY
Zoning R7-1 · permitted uses
R7-1 · 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
1967
Heating
NONE
Stories
18
Buildings
1
Units
125
Lot
0.68 ac
Current owner
From public records · entity-resolved
Stellar Undercliff LLC
Entity
Mailing address
1655 UNDERCLIFF AVE, BRONX, NY 10453-7176
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2020
—
Stellar Undercliff LLC
—
Deed
related
$9,819,278 · Bankunited NA
Jan 12, 2015
—
Stellar Undercliff LLC
—
Loan Modification, Consolidation And Extension
related
$10,372,500 · Bankunited Fsb
—
—
Stellar Undercliff LLC
—
Deed Of Trust
related
$7,950,000 · Capital One
—
—
Stellar Undercliff LLC
—
Deed Of Trust
related
$7,000,000 · North Fork Bank
—
—
Stellar Undercliff LLC
—
Deed Of Trust
related
$950,000 · North Fork Bank
—
—
Stellar Undercliff LLC
—
Deed Of Trust
related
$2,422,500 · Bankunited Fsb
—
—
Stellar West 110 LLC|stellar Undercliff LLC
—
Loan Modification
related
—
—
—
Stellar Undercliff LLC
—
Loan Modification
related
$9,819,278 · Bankunited NA
—
—
Stellar West 110 LLC
—
Loan Modification
related
$29,468,456 · Bankunited NA
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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