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Financial
Distress signals
Property profile

1888 Westchester Ave Bronx, NY 10472

OFF-MARKET
Office buildings
Property ID
US63-3713916
12,400 SF 0.66 ac lot Built 1993
Last sale Jul 2018 · $12,280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 12,400-square-foot medical office building was renovated in 2018–2019 to convert a former multi-tenant shopping center into its current medical use. The renovation included a replaced roof, parking lot improvements, and an updated HVAC system, along with a substantial radiology/imaging build-out and installed imaging equipment. The property is situated at 1888 Westchester Avenue in the central Bronx, in the Parkchester neighborhood, positioned directly across from Parkchester Station on…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$514k
Tax billed · 2024
Assessed value$4.85M
Assessed land$450k
Assessed improvement$4.40M
Effective rate10.59%

Value estimate

· Oct 2026
$3.66M
$3.29M – $4.03M
CAP approach$5.10M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$365/SF
Submarket average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$269 – $574
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
General categoryRESIDENTIAL
JurisdictionBRONX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm108.9
Realty agency61.5
Acupuncture24.3

Location

1888 Westchester Ave Bronx, NY 10472-3000
County assessor Recorded deeds · 7 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1850 Westchester, Bronx, NY 10472-3016 $780,000 Oct 2024 4,450 SF
1271 Saint Lawrence, Bronx, NY 10472 $1,200,000 Feb 2024 645 SF
1163-1165 Mnr, Bronx, NY 10472 $3,350,000 Mar 2023 8,048 SF
1451 Westchester, Bronx, NY 10472-2903 $3,265,000 Mar 2019 15,020 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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