Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    260 161st St, Unit 268 Bronx, NY 10451-3512
    Back to Search
    Property profile & analytics

    260 161st St, Unit 268, Bronx, NY 10451-3512

    View on Map
    • Banks
    • 252,375 SF
    • 0.53 lot acres
    Off-Market
    Property ID
    US63-2538510
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hector R. Quezada, RN / Registered General Nurse
    • Legal Aid Society / Charitable Organization / Social Service Agency
    • Danielle Mcfarland, RPA / Physician
    • Dr. Samantha Miller / Physician
    • Dr. Wilfrid Raby / Physician

    Property Details for 260 161st St

    Year built
    1930
    Lot size
    0.53 lot acres
    Zone code
    C6-2
    Property type
    Banks
    APN
    02443-0100
    APU
    24430100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 23, 2025 $25,926,694 Blazing Star Parent LLC Walgreens Boots Alliance, INC. Deed —
    Feb 12, 2018 — Jppf 260e161 LP — Loan Modification · related $63.7M · Pnc Bk
    Dec 19, 2017 $115,224,210 Jppf 260e161, L P Acadia 161st Street LLC Deed $5.7M · Premier Funding Holdco II, L.p.
    Dec 19, 2017 — Jppf 260e161 LP — Loan Modification, Consolidation And Extension · related $63.7M · Premier Funding Holdco II LP
    Dec 6, 2016 — Acadia 161st Street LLC — Deed · related $58M · Bank Of America
    Apr 25, 2013 — Acadia 161st Street LLC — Grant Deed · related $29.5M · Capital One
    Jul 15, 2010 — Acadia-p & A 161st Street LLC — Deed Of Trust · related $28.9M · Bank Of America
    Aug 17, 2005 $49,000,000 Acadia-p & A 161st Street LLC 421 Melrose LLC Grant Deed —
    — — Acadia-p/a 161st Street LLC — Deed Of Trust · related $17.9M · Greenwich Capital Fin'l INC
    — — Capital One — Deed Of Trust · related —
    — — Acadia 161st Street LLC — Deed Of Trust · related $29.5M · Capital One
    — — Acadia 161st Street LLC — Deed Of Trust · related $28.5M · Bank Of America
    — — Acadia 161st Street LLC — Loan Modification, Consolidation And Extension · related $58M · Bank Of America
    — — Acadia-p/a 161st Street LLC — Deed Of Trust · related $28.9M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9191
    Latitude
    40.8255
    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
    $1,434,486
    $524,250
    $19,766,160
    $20,290,410
    -
    $1,165,000
    $49,369,000
    $50,534,000

    Comparable in this City

    • Value Estimation
      $870,000
      48,310 SF

      332 149th St, Unit 338

      FINANCIAL BUILDING
      332 149th St, Bronx, NY 10451-5627
      View Details
    • Value Estimation by Request
      5,857 SF

      598 Grand Concourse The

      Individual retail properties
      598 Grand Concourse The, The Bronx, NY 10451
      View Details
    • Value Estimation
      $8,015,000
      25,712 SF

      810 Riv Ave

      RETAIL STORES (PERSONAL SERVICES)
      810 Riv Ave, Bronx, NY 10451-2193
      View Details
    • Value Estimation by Request
      1,438 SF

      3214 3rd Ave

      RETAIL STORES (PERSONAL SERVICES)
      3214 3rd Ave, Bronx, NY 10451-4201
      View Details
    • Value Estimation
      $3,270,000
      5,240 SF

      3055 3rd Ave, Unit 1

      RETAIL STORES (PERSONAL SERVICES)
      3055 3rd Ave, Bronx, NY 10451-4857
      View Details
    • Value Estimation
      $4,795,000
      13,582 SF

      349 149th St Fl, Unit 2

      RETAIL STORES (PERSONAL SERVICES)
      349 149th St Fl, Bronx, NY 10451-5603
      View Details

    Similar Nearby for Sale

    • $130,000

      Turnkey Beauty Supply Store

      Income-producing beauty supply store, updated interior, near transportation.
      256 East 138Th St, Bronx, NY 10451
      View Details
    • $130,000
      2,300 SF

      Turnkey Beauty Supply Store

      Income-producing beauty supply store with updated interior and storage.
      256 E 138Th St, Bronx, NY 10451
      View Details
    • Contact for pricing
      55,000 SF

      Wholesale Warehouse Distributor For Sale

      55,000 sq ft warehouse with diverse inventory and loyal clientele.
      Major Cash & Carry Wholesale Warehouse Distributor, New York, NY 10451
      View Details
    • $2,500,000
      4,375 SF

      Bronx Retail Space Available

      Retail space for sale in the Bronx, New York.
      333 East 149Th St, Bronx, NY 10451
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      469 SF

      Bronx Retail Space For Rent

      Retail space available in the Bronx with heavy foot traffic.
      286 Rider Ave, Bronx, NY 10451
      View Details
    • Contact for pricing
      8,443 SF

      Retail Space at Bronx Point

      Retail space available in mixed-use development, high-traffic location.
      575 Exterior St, Bronx, NY 10451
      View Details
    • Contact for pricing
      500 SF

      Retail Space in High-Traffic Area

      Retail space in a dense residential neighborhood with high foot traffic.
      3240-3246 3Rd Ave, Bronx, NY 10451
      View Details
    • Contact for pricing
      22,818 SF

      Retail Space Available for Lease

      22,818 square foot retail space available for lease.
      443 East 162Nd St, Bronx, NY 10451
      View Details
    • Contact for pricing
      1,260 SF

      Retail Space Near Yankee Stadium

      Retail space available in a shopping center near Yankee Stadium.
      200 E 161St St, Bronx, NY 10451
      View Details
    • Contact for pricing
      5,987 SF

      Retail Space Available For Rent

      Retail spaces available in Bronx, divisible to multiple sizes.
      305 E 161St St, Bronx, NY 10451
      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.
    260 161st St, Unit 268
    Bronx, NY 10451-3512
    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
    260 161st St, Bronx, NY, 10451
    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!