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Property profile & analytics
OFF-MARKET
Medical Office Space
2011 Westchester Ave, Bronx, NY 10462-4507
Entity Owned
19-yr Hold
Free & Clear
Property ID
US63-0026020
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2008
Total area
8,914 SF
Lot
0.11 ac (4,779 SF)
Zoning code
R6
APN
03932-0036
UPID
US63-0026020
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
-
Home Choice NY: CDPAP Home Care Agency In New York Employment Agency
-
Castle Rock Home Care Home Health Care Service
-
THE HEART ADULT DAY CARE Adult Day Care
-
The Rainbow Adult Day Care LLC Adult Day Care
-
Kamin Health Bronx Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
C2 Dev Corp · 19 yrs held
C2 Dev Corp
since 2007
6 recorded transactions
Zoning & alternative use
R6 · 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
—
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
$58,741
Tax year 2024
Assessed value
$554,580
Assessed 2024
Previous assessed
$554,580
+0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$75,600
Assessed improvement
$478,980
Land market value
$168,000
Improvement market value
$1,117,000
Total market value
$1,285,000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
8,914 SF
Lot
0.11 ac (4,779 SF)
Zoning code
R6
APN
03932-0036
UPID
US63-0026020
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Bronx, NY
Zoning R6 · permitted uses
R6 · 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
2008
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
C2 Dev Corp
Entity
Free & Clear · 19 yrs held
Mailing address
2011 WESTCHESTER AVE, BRONX, NY 10462-4507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2016
—
C2 Development Corp
—
Deed
related
$318,693 · Signature Bank
Jun 8, 2007
—
C2 Dev Corp
Chin Chang Dev Corp
Grant Deed
related
—
Apr 27, 2007
—
Rukhomani Powmesamy
Powmesamy,rukhmoni & Rukhomani
Quit Claim Deed
related
—
Apr 27, 2007
$2,000,000
Chin Chang Dev Corp
Powmesamy,rukhomani & Subryan
Grant Deed
—
—
—
C2 Dev Corp
—
Deed Of Trust
related
$1,705,000 · Cross River Bank
—
—
C2 Dev Corp
—
Loan Modification, Consolidation And Extension
related
$1,900,000 · Signature Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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