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Property profile & analytics

2500 Boston Rd, Unit 2508 Bronx, NY 10467-9002

  • Auto shops
  • 6,076 SF
  • 0.14 lot acres
OFF-MARKET
Value Estimation
$425,000
Location Intelligence
Property ID
US63-1143436
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

  • Personal Touch Auto Body / Auto Repair Shop / Auto Body Shop

Property Details for 2500 Boston Rd

Year built
1932
Lot size
0.14 lot acres
Property size
6,076 SF
Zone code
C8-1
Property type
Auto shops
APN
04435-0005
APU
44350005

Description

This exceptional opportunity presents a 6,076 sq ft commercial warehouse building situated on a 9,711 sq ft lot in the Bronx, NY (10467), at the high-traffic corner of Boston Road & Mace Avenue (approx. 14,000 cars daily). The property, zoned C8-1, boasts a 41-year history as a successful auto body shop, currently generating over $1 million in annual net income. Features include seven bays, 26 parking spaces, multiple private offices, a waiting room, 16-20 foot ceilings, two oversized 14-foot doors accommodating tractor-trailers, motion sensor lights, 3-phase power, central air conditioning, LED lighting, four Benwill one-arm lifts, two heavy-duty frame machines, two paint spray booths, a conveniently located bathroom with safety features, and a sprinkler system. The building's prime location and high visibility ensure maximum customer attraction. This turnkey business, capable of handling 17-20 cars simultaneously, offers a unique opportunity for an entrepreneur in the automotive industry to own rather than lease, especially considering area lease rates of $35,000-$40,000 per month. The asking price is $4,500,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $450,000
  • CAP approach

    CAP return
    Estimation
    6%
    $355,000
    6.5%
    $370,000
    7%
    $370,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $400,000
    Geo Method
    $350,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $370,000
    Retail
    $420,000
    Mixed-Use
    $390,000
    Hospitality
    $395,000
    Educational
    $415,000
    Residential Income
    $320,000
    Energy
    $315,000
    Income-Based Land
    $410,000
    Food Service
    $415,000

Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.8649
Latitude
40.8633
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
$24,909
$59,850
$175,320
$235,170
-
$133,000
$442,000
$575,000
More about this property
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