New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Warehouses
1684 233rd St, Bronx, NY 10466-3306
Entity Owned
Free & Clear
Property ID
US63-2592252
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1935
Total area
2,728 SF
Lot
0.17 ac (7,500 SF)
Zoning code
M3-1
APN
04953-0059
UPID
US63-2592252
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
-
Baychester Materials Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.04M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$2.15M
Owner & transaction history
Aikler 1684 1, LLC
Aikler 1684 1, LLC
since 2026
7 recorded transactions
Zoning & alternative use
M3-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+87.8%
Retail stores
$1.6M
+53.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,205,000
6.5%
$2,035,000
7%
$1,890,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,985,000
Change: +88% · Conversion: Easy
RETAIL STORES
$1,620,000
Change: +53% · Conversion: Moderate
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$788 / 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
$22,965
Tax year 2024
Assessed value
$216,810
Assessed 2024
Previous assessed
$224,280
-3.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$71,100
Assessed improvement
$145,710
Land market value
$158,000
Improvement market value
$345,000
Total market value
$503,000
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1935
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
2,728 SF
Lot
0.17 ac (7,500 SF)
Zoning code
M3-1
APN
04953-0059
UPID
US63-2592252
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M3-1 · Bronx, NY
Zoning M3-1 · permitted uses
M3-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1935
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Aikler 1684 1, LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1682 E 233RD ST #1684, BRONX, NY 10466
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
—
Aikler 1684 1, LLC
Aikler 1684 1, LLC
Deed
related
—
Sep 27, 2024
—
Aikler 1684 1, LLC
Aikler 1684 2, LLC
Deed
—
Apr 5, 2023
—
Aikler 1684 1 LLC
Aikler 1684 1 LLC
Deed
related
—
Apr 4, 2023
$3,910,794
Bhaikler 233, LLC
John Aikler JR
Deed
—
Apr 26, 2018
—
Aikler 1684 I LLC
Aikler 1684 I LLC
Quit Claim Deed
related
—
Dec 22, 2017
$475,500
Aikler 1684 2 LLC
John Aikler II LLC
Grant Deed
$421,675 · John Aikler II LLC
Dec 15, 2017
$1,426,500
Aikler 1684 1 LLC
John Aikler LLC
Trustees Deed
related
$1,269,827 · John Aikler II LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1684 233rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
