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Property profile & analytics
OFF-MARKET
Estimated value
$3,585,000
Manufacturing properties
1840-1844 Givan Ave Bronx, NY 10469
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1499306
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1949
Total area
10,079 SF
Lot
0.25 ac (10,750 SF)
Zoning code
M1-1
APN
04756-0007
UPID
US63-1499306
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.16M
Blend (final)
Blend
$3.59M
Owner & transaction history
1840 Givan Ave Realty LLC · 4 yrs held
1840 Givan Ave Realty LLC
since 2022
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
M1-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.9M
+4.3%
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
$3,570,000
ML approach
$3,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,745,000
Current use
WAREHOUSE, STORAGE
$3,905,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$3,675,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.94M · ±10% · vs last sale $3.50M (Jul 1 2022)
Last sale anchor
$3.50M
Jul 1 2022
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
$356 / 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
$43,660
Tax year 2024
Assessed value
$412,200
Assessed 2024
Previous assessed
$409,950
+0.5% YoY
Effective rate
10.59%
On assessed value
Assessed land
$72,450
Assessed improvement
$339,750
Land market value
$161,000
Improvement market value
$804,000
Total market value
$965,000
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
1949
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
10,079 SF
Lot
0.25 ac (10,750 SF)
Zoning code
M1-1
APN
04756-0007
UPID
US63-1499306
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
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.7M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1949
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
1840 Givan Ave Realty LLC
Entity
Mailing address
1840 GIVAN AVE, BRONX, NY 10469-3155
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
$3,500,000
1840 Givan Ave Realty LLC
Golden Glow Cookie Co. INC.
Deed
$1,750,000 · Webster Bank, National Association
Nov 16, 2015
—
Golden Glow Cookie Co INC
Rose E Florio
Deed
$169,120 · Vnb New York, LLC
May 3, 2007
—
Rose E Florio
—
Trustees Deed
related
$60,000 · Dcmr Realty LLC
—
—
Mamma Rose Realty LLC
—
Loan Modification, Consolidation And Extension
related
$800,000 · Valley Nat'l Bk
—
—
Rose Florio
—
Deed Of Trust
related
$400,000 · North Fork Bank
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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