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Property profile & analytics
OFF-MARKET
Estimated value
$22,655,000
Schools
2522 Park Ave, Bronx, NY 10451
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-2265923
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2023
Total area
159,826 SF
Lot
0.77 ac (33,640 SF)
Zoning code
M14R7X
APN
02322-0028
UPID
US63-2265923
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
by Request
Blend (final)
Blend
$22.66M
Owner & transaction history
Pcs Properties Foundation, INC. · 3 yrs held
Pcs Properties Foundation, INC.
since 2022
Last sale
$22.5M
7 recorded transactions
Zoning & alternative use
M14R7X · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$27.3M
+702.0%
Auto repair, garage
$23.9M
+603.5%
Retail stores
$22.1M
+550.3%
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
$22,965,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$27,250,000
Change: +702% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,905,000
Change: +604% · Conversion: Difficult
RETAIL STORES
$22,100,000
Change: +550% · Conversion: Difficult
Blend value · Realmo final
$22.66M
Range $20.39M – $24.92M · ±10% · vs last sale $22.50M (Aug 3 2022)
Last sale anchor
$22.50M
Aug 3 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
$142 / 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
Assessed value
$3,084,660
Assessed 2024
Previous assessed
$684,000
+351.0% YoY
Assessed land
$207,810
Assessed improvement
$2,876,850
Land market value
$561,000
Improvement market value
$6,393,000
Total market value
$6,954,000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2023
Heating
NONE
Buildings
1
Stories
7
Units
1
Total area
159,826 SF
Lot
0.77 ac (33,640 SF)
Zoning code
M14R7X
APN
02322-0028
UPID
US63-2265923
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M14R7X · Bronx, NY
Zoning M14R7X · permitted uses
M14R7X · 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
RESTAURANT
Est. value
$27.3M
AUTO REPAIR, GARAGE
Est. value
$23.9M
RETAIL STORES
Est. value
$22.1M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2023
Heating
NONE
Stories
7
Buildings
1
Units
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Pcs Properties Foundation, INC.
Entity
Mailing address
1501 BROADWAY #10, NEW YORK, NY 10036-5601
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2023
—
Canal West 75, LLC
—
Deed
related
$3,971,005 · Bronx Hs Site, LLC
Aug 3, 2022
$22,500,000
Pcs Properties Foundation, INC.
Kipp Nyc Facility Holdings, INC.
—
related
—
Jun 29, 2021
$21,700,000
Canal West 75, LLC
75 Csw Realty LLC
Deed
$5,370,000 · Bluehub Loan Fund INC
Jan 27, 2020
—
75 Csw Realty LLC
—
Deed
related
$2,200,000 · Maxim Credit Group LLC
Nov 25, 2019
—
75 Csw Realty LLC
—
Loan Modification
related
$9,250,000 · Other Institutional Lenders
Apr 27, 2011
$8,700,000
Yellow Cab Realty LLC
Dover Garage II INC
Grant Deed
—
—
—
75 Csw Realty LLC
—
Deed Of Trust
related
$6,300,000 · Bridgehampton Nat'l Bk
—
—
75 Csw Realty LLC
—
Deed Of Trust
related
$3,835,714 · Maxim Credit Group LLC
—
—
75 Csw Realty LLC
—
Deed Of Trust
related
$2,200,000 · Maxim Credit Group LLC
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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