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Property profile & analytics
OFF-MARKET
Estimated value
$3,290,000
Apartment buildings
225 232nd St Bronx, NY 10463-5505
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US63-0719694
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1929
Total area
87,510 SF
Lot
0.55 ac (23,928 SF)
Zoning code
R6
APN
05754-0090
UPID
US63-0719694
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
-
West 232nd St Plumbing and Heating General Contractor
-
Sorangel's Group Family Daycare High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.29M
Owner & transaction history
Talos 232 LLC · 29 yrs held
Talos 232 LLC
since 1996
7 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
$38 / 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
$76,850
Tax year 2024
Assessed value
$1,628,730
Assessed 2024
Previous assessed
$1,599,300
+1.8% YoY
Effective rate
4.72%
On assessed value
Assessed land
$256,950
Assessed improvement
$1,371,780
Land market value
$571,000
Improvement market value
$2,824,000
Total market value
$3,395,000
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
1929
Heating
NONE
Buildings
1
Stories
6
Units
96
Total area
87,510 SF
Lot
0.55 ac (23,928 SF)
Zoning code
R6
APN
05754-0090
UPID
US63-0719694
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
1929
Heating
NONE
Stories
6
Buildings
1
Units
96
Lot
0.55 ac
Current owner
From public records · entity-resolved
Talos 232 LLC
Entity
Mailing address
5600 BROADWAY, BRONX, NY 10463-5500
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2016
—
225 LLC
—
Deed
related
$6,900,000 · Signature Bk
Jul 30, 1996
$2,050,000
Talos 232 LLC
Sy,fabian A
Grant Deed
$1,760,000 · Homefed Bank
—
—
225 LLC
—
Loan Modification
related
$6,000,000 · Signature Bank
—
—
225 LLC
—
Deed Of Trust
related
$900,000 · Signature Bk
—
—
225 LLC
—
Deed Of Trust
related
$2,002,432 · Signature Bank
—
—
225 LLC
—
Deed Of Trust
related
$5,625,000 · Signature Bank
—
—
225 LLC
—
Loan Modification, Consolidation And Extension
related
$6,900,000 · Signature Bk
—
—
225 LLC
—
Deed Of Trust
related
$5,428,122 · Signature Bank
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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