Technical
Financial
Distress signals
Property profile

224 Willis Ave Bronx, NY 10454

OFF-MARKET
Retail residential properties
Property ID
US63-6123956
7,125 SF 0.04 ac lot Built 1910
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1910
Total area 7,125 SF
Lot 0.04 ac (1,875 SF)
Zoning code R6
APN 02282-0002
UPID US63-6123956

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
  • Atm

Location

224 Willis Ave Bronx, NY 10454-4820
Bronx metro Census 2500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.20M
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

since 2008
6 recorded transactions
2017
Price N/A
2008
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · Bronx, NY
Top alternative use upside
Industrial (general) $2.6M +27.1%
Office building $2.6M +24.8%

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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