New search
Property profile & analytics
OFF-MARKET
Estimated value
$47,215,000
Warehouses
2325 Hollers Ave, Bronx, NY 10475-1240
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-4549406
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
100,279 SF
Lot
0.8 ac (35,000 SF)
Zoning code
M2-1
APN
05282-0026
UPID
US63-4549406
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
-
Life Storage - Bronx Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$43.26M
Blend (final)
Blend
$47.22M
Owner & transaction history
Oe 2325 Hollers Avenue LLC · 4 yrs held
Oe 2325 Hollers Avenue LLC
since 2022
Last sale
$48.2M
7 recorded transactions
Zoning & alternative use
M2-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$73.0M
+87.8%
Retail stores
$59.5M
+53.2%
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
$49,195,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$38,870,000
Current use
AUTO REPAIR, GARAGE
$72,995,000
Change: +88% · Conversion: Easy
RETAIL STORES
$59,535,000
Change: +53% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$37,260,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$36,575,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$47.22M
Range $42.49M – $51.94M · ±10% · vs last sale $48.20M (Feb 14 2022)
Last sale anchor
$48.20M
Feb 14 2022
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
$471 / 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
$490,377
Tax year 2024
Assessed value
$4,629,690
Assessed 2024
Previous assessed
$4,599,630
+0.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$720,900
Assessed improvement
$3,908,790
Land market value
$1,602,000
Improvement market value
$8,763,000
Total market value
$10,365,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
NONE
Buildings
1
Stories
4
Units
1
Total area
100,279 SF
Lot
0.8 ac (35,000 SF)
Zoning code
M2-1
APN
05282-0026
UPID
US63-4549406
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M2-1 · Bronx, NY
Zoning M2-1 · permitted uses
M2-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$38.9M
AUTO REPAIR, GARAGE
Est. value
$73.0M
RETAIL STORES
Est. value
$59.5M
INDUSTRIAL (GENERAL)
Est. value
$37.3M
OFFICE BUILDING
Est. value
$36.6M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
4
Buildings
1
Units
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Oe 2325 Hollers Avenue LLC
Entity
Mailing address
250 VESEY ST FL #15, NEW YORK, NY 10281-1065
Ownership since
2022
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
Feb 14, 2022
$48,200,000
Oe 2325 Hollers Avenue LLC
Cs Hollers LLC
Deed
$9,050,000 · Wells Fargo Bank, National Associat
Oct 29, 2020
—
Cs Hollers LLC
—
Deed
related
$4,150,641 · Metropolitan Commercial Bank
Jan 23, 2019
—
Cs Hollers LLC
—
Deed
related
$2,350,000 · Santander Bk NA
Apr 28, 2017
—
Cs Hollers LLC
—
Trustees Deed
related
$12,137,728 · Santander Bk NA
Oct 27, 2015
$3,100,000
Cs Hollers LLC
Mapa Properties INC
Deed
$2,350,000 · Santander Bank, N.a.
Oct 27, 2015
$1,100,000
Cs Hollers LLC
Bilgrei,david
Grant Deed
—
—
—
Cs Hollers LLC
—
Loan Modification
related
$2,350,000 · Santander Bk NA
—
—
Cs Hollers LLC
—
Loan Modification
related
$10,903,326 · Santander Bk NA
—
—
Cs Hollers LLC
—
Loan Modification
related
$3,362,271 · Santander Bk NA
—
—
Cs Hollers LLC
—
Loan Modification
related
$22,000,000 · Metropolitan Com'l 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2325 Hollers Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
