Technical
Financial
Distress signals
Property profile

1950 Pitman Ave Bronx, NY 10466

OFF-MARKET
Investment properties
Property ID
US63-4636065
3,040 SF 0.05 ac lot Built 1925
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 3,040 SF
Lot 0.05 ac (2,250 SF)
Zoning code R4
APN 05019-0001
UPID US63-4636065

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company

Location

1950 Pitman Ave Bronx, NY 10466-1924
Bronx metro Census 42800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
$935k
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k

Owner & transaction history

since 2024
Last sale
$800,000
2 recorded transactions
2024
$800,000
2010
$580,000

Zoning & alternative use

R4 · Bronx, NY
Top alternative use upside
Warehouse, storage $1.2M +57.2%
Office building $1.1M +47.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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