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Property profile & analytics
OFF-MARKET
Estimated value
$3,785,000
Retail residential properties
2333 Loring N Pl Bronx, NY 10468-5815
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US63-1464119
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1927
Total area
26,556 SF
Lot
0.13 ac (5,811 SF)
Zoning code
R7-1
APN
03225-0169
UPID
US63-1464119
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
$5.29M
Blend (final)
Blend
$3.79M
Owner & transaction history
2333 Loring Place North LLC
2333 Loring Place North LLC
since 2025
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
$3.79M
Range $3.41M – $4.16M · ±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
$143 / 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
$76,859
Tax year 2024
Assessed value
$614,770
Assessed 2024
Previous assessed
$595,350
+3.3% YoY
Effective rate
12.50%
On assessed value
Assessed land
$27,000
Assessed improvement
$587,770
Land market value
$60,000
Improvement market value
$1,415,000
Total market value
$1,475,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1927
Heating
NONE
Buildings
1
Stories
5
Units
26
Total area
26,556 SF
Lot
0.13 ac (5,811 SF)
Zoning code
R7-1
APN
03225-0169
UPID
US63-1464119
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
1927
Heating
NONE
Stories
5
Buildings
1
Units
26
Lot
0.13 ac
Current owner
From public records · entity-resolved
2333 Loring Place North LLC
Entity
Mailing address
1902 WHITESTONE EXPY STE #101, FLUSHING, NY 11357-3099
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 2, 2025
—
2333 Loring Place North LLC
Pistilli Loring Avenue LLC
Deed
$2,175,000 · Flagstar Bank, N.a.
May 5, 2017
$14,900,000
Pistilli Loring Avenue LLC
Loring Ave Holdings LLC
Grant Deed
related
$10,625,000 · Flushing Bk
Nov 13, 2015
$4,100,000
Loring Ave Realty LLC
Loring Place Properties L L C
Deed
$325,000 · New York Community Bank
Dec 31, 2007
$2,799,749
Loring Place Properties LLC
2333 Loring Associates LLC
Grant Deed
—
May 26, 2005
$1,542,390
2333 Loring Associates LLC
Loring Place Associates
Grant Deed
$656,286 · New York Community Bank
Mar 5, 2004
—
Loring Place Associates INC
Loring Place Associates LLC
Quit Claim Deed
related
—
—
—
Morris Avenue Properties LLC
—
Loan Modification
related
$44,118,750 · Flushing Bk
—
—
Loring Ave Realty LLC
—
Loan Modification, Consolidation And Extension
related
$10,625,000 · New York Cmnty Bk
—
—
Loring Place Properties LLC
—
Deed Of Trust
related
$10,300,000 · Flushing Bk
—
—
Loring Place Properties LLC
—
Loan Modification
related
$44,118,750 · Flushing 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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