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    Property profile & analytics

    229th St Bronx, NY 10466

    • Apartment buildings
    • 1,028,976 SF
    • 23.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2023
    Location Intelligence
    Property ID
    US63-2705526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 229th St

    Year built
    1951
    Lot size
    23.03 lot acres
    Property size
    1,028,976 SF
    Zone code
    R5
    Property type
    Apartment buildings
    APN
    04905-0001
    APU
    49050001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8438
    Latitude
    40.8869
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $3,260,700
    $27,063,727
    $30,324,427
    -
    $7,246,000
    $79,214,000
    $86,460,000

    Comparable in this City

    • Value Estimation by Request
      3,650 SF

      2105 Nereid Ave

      APARTMENT HOUSE (5+ UNITS) • 3,650 SF
      2105 Nereid Ave, Bronx, NY 10466-1133
      View Details
    • Value Estimation by Request
      4,585 SF

      916 225th St

      APARTMENT HOUSE (5+ UNITS) • 4,585 SF
      916 225th St, Bronx, NY 10466-4649
      View Details
    • Value Estimation by Request
      8,214 SF

      839 226th St

      APARTMENT HOUSE (5+ UNITS) • 8,214 SF
      839 226th St, Bronx, NY 10466-4418
      View Details
    • Value Estimation by Request
      3,822 SF

      734 227th St

      APARTMENT HOUSE (5+ UNITS) • 3,822 SF
      734 227th St, Bronx, NY 10466-4269
      View Details
    • Value Estimation by Request
      3,066 SF

      729 229th St

      APARTMENT HOUSE (5+ UNITS) • 3,066 SF
      729 229th St, Bronx, NY 10466-4153
      View Details
    • Value Estimation by Request
      3,528 SF

      680 231st St

      APARTMENT HOUSE (5+ UNITS) • 3,528 SF
      680 231st St, Bronx, NY 10466-2952
      View Details

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    Similar Nearby for Lease

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      3,000 SF

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    • $4,500 /Mo
      1,520 SF

      Finished Office Space in Bronx

      Elegantly finished office space suitable for medical or legal practices.
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      Retail or professional space near Montefiore hospital.
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      4,050 SF warehouse space for rent in Bronx.
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      View Details
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    229th St
    Bronx, NY 10466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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