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Property profile & analytics
OFF-MARKET
Estimated value
$2,745,000
Apartment buildings
2140 Barnes Ave 2148 Bronx, NY 10462-1902
Entity Owned
13-yr Hold
Free & Clear
Property ID
US63-6284364
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Total area
65,862 SF
Lot
0.41 ac (18,047 SF)
Zoning code
R7-1
APN
04322-0010
UPID
US63-6284364
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.75M
Owner & transaction history
Bp Assets 46 LLC · 13 yrs held
Bp Assets 46 LLC
since 2013
7 recorded transactions
Zoning & alternative use
R7-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.75M
Range $2.47M – $3.02M · ±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
$42 / 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
$206,988
Tax year 2024
Assessed value
$1,655,640
Assessed 2024
Previous assessed
$1,566,450
+5.7% YoY
Effective rate
12.50%
On assessed value
Assessed land
$106,200
Assessed improvement
$1,549,440
Land market value
$236,000
Improvement market value
$3,676,000
Total market value
$3,912,000
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
6
Units
70
Total area
65,862 SF
Lot
0.41 ac (18,047 SF)
Zoning code
R7-1
APN
04322-0010
UPID
US63-6284364
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-1 · Bronx, NY
Zoning R7-1 · permitted uses
R7-1 · 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.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
6
Buildings
1
Units
70
Lot
0.41 ac
Current owner
From public records · entity-resolved
Bp Assets 46 LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2140 BARNES AVE, BRONX, NY 10462-1902
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2017
—
Bp Assets 46 LLC
—
Deed
related
$5,410,000 · Nycb Plaza
Oct 8, 2014
—
2131 Presidential Assets LLC
—
Deed Of Trust
related
$11,500,000 · New York Cmnty Bk
Jan 11, 2013
—
2131 Presidential Assets LLC
—
Grant Deed
related
$54,400,000 · New York Community Bank
Jan 2, 2013
$7,333,333
Bp Assets 46 LLC
Dpa Big Barnes LLC
Grant Deed
—
Jun 17, 2011
—
Dpa Big Barnes LLC
Dpa Big Barnes LLC
Quit Claim Deed
related
—
Mar 1, 2006
$7,000,000
Dpa 2140 Barnes LLC
Pelham Realty LLC
Grant Deed
$8,514,184 · New York Community Bank
—
—
Dpa Big Barnes LLC
—
Deed Of Trust
related
$15,000,000 · New York Community Bank
—
—
2131 Presidential Assets LLC
—
Loan Modification
related
$52,192,798 · New York Cmnty Bk
—
—
Bp Assets 46 LLC
—
Loan Modification, Consolidation And Extension
related
$8,400,000 · New York Cmnty Bk
—
—
2131 Presidential Assets LLC
—
Loan Modification
related
$11,241,761 · New York Cmnty 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.
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