Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    26 Palmer Ave Bronxville, NY 10708-3412
    Property profile & analytics

    26 Palmer Ave, Bronxville, NY 10708-3412

    View on Map
    • Investment properties
    • 4,230 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US63-5095639
    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.
    Value Estimations
    $985,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Full Moon Pizzeria / Restaurant
    • Dumpling + Noodle / (Bike/Boat/Book/etc) Store

    Property Details for 26 Palmer Ave

    Year built
    1904
    Lot size
    0.06 lot acres
    Zone code
    BA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    552401 2./2/19
    APU
    5524012219

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 18, 2018 — Mangia Gourmet Realty Co LLC — Deed · related $618k · Flushing Bk
    — — Mangia Gourmet Realty Co LLC — Deed Of Trust · related $309k · Flushing Svg Bk/fsb
    — — Mangia Gourmet Realty Co LLC — Deed Of Trust · related $618k · Flushing Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,330,000
      6.5%
      $1,230,000
      7%
      $1,140,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,265,000
      Current use
      OFFICE BUILDING
      $1,485,000
      Change: +17% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,280,000
      Change: +1% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bronxville
    County
    Westchester
    State
    New York
    Longitude
    -73.8375
    Latitude
    40.9413
    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
    2020
    $0.00
    $555,555
    $844,445
    $1,400,000
    -
    $555,555
    $844,445
    $1,400,000

    Comparable in this City

    • Value Estimation
      $4,200,000
      22,748 SF

      112 Kraft Ave, Unit 122

      OFFICE/RESIDENTIAL (MIXED USE)
      112 Kraft Ave, Bronxville, NY 10708-4133
      View Details
    • Value Estimation
      $1,290,000
      8,625 SF

      25 Pondfield W Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      25 Pondfield W Rd, Bronxville, NY 10708
      View Details
    • Value Estimation
      $645,000
      4,000 SF

      26 Milburn St

      OFFICE/RESIDENTIAL (MIXED USE)
      26 Milburn St, Bronxville, NY 10708-3402
      View Details
    • Value Estimation by Request
      0.13 Acres

      490 New Rochelle Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      490 New Rochelle Rd, Bronxville, NY 10708-4552
      View Details
    • Value Estimation by Request
      2,236 SF

      87 Birch Brk Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      87 Birch Brk Rd, Bronxville, NY 10708-2030
      View Details
    • Value Estimation
      $1,830,000
      11,814 SF

      48 Palmer Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      48 Palmer Ave, Bronxville, NY 10708
      View Details

    Similar Nearby for Sale

    • $1,295,000
      3,511 SF

      915 Palmer Road; Bronxville, NY 10708

      Medical or Professional Office in Bronxville for Sale
      915 Palmer Rd, Bronxville, NY 10708
      View Details
    • $1,300,000
      3,511 SF

      915 Palmer Ave, Unit bronxville

      Medical/Professional Office and Residential mixed use
      915 Palmer Ave, Bronxville, NY 10708
      View Details
    • $5,250,000

      Bronxville Village Mixed-Use Asset

      Mixed-use property in Bronxville Village with retail, office space.
      117 Pondfield Rd, Bronxville, NY 10708
      View Details
    • $5,250,000

      Bronxville Mixed-Use Asset For Sale

      Mixed-use property in Bronxville Village with retail, office, and parking.
      117 Pondfield Rd, Bronxville, NY 10708
      View Details

    Similar Nearby for Lease

    • $2,050 /Mo

      Remodeled Office Space in Bronxville

      Recently remodeled office space in central Bronxville location.
      2 Park Pl, Bronxville, NY 10708
      View Details
    • $2,050 /Mo

      Remodeled Office Space in Bronxville

      Recently remodeled office space in central Bronxville, convenient location.
      2 Park Pl, Bronxville, NY 10708
      View Details
    • $3,300 /Mo
      5,663 SF

      Bronxville Retail Space For Lease

      Prime 610 sq ft retail space in Chester Heights.
      494 New Rochelle Rd, Bronxville, NY 10708
      View Details
    • Contact for pricing
      1,706 SF

      Bronxville Office Space For Rent

      Second floor office suites available in Bronxville, New York.
      85 Pondfield Rd, Bronxville, NY 10708
      View Details
    • Contact for pricing
      1,250 SF

      Retail Shop in Bronxville

      Retail shop for lease in downtown Bronxville.
      50 Pondfield Rd, Bronxville, NY 10708
      View Details
    • $1,495 /Mo

      Renovated Office Suites in Bronxville

      Turn-key office suites with amenities, near transportation.
      51 Pondfield Rd, Bronxville, NY 10708
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26 Palmer Ave
    Bronxville, NY 10708-3412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    26 Palmer Ave, Bronxville, NY, 10708
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!