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Property profile & analytics
OFF-MARKET
Estimated value
$2,925,000
Retail space
2829 Edson Ave Bronx, NY 10469-3438
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-5588122
Property summary
AI-generated overview
This exceptional retail opportunity encompasses a 14,676 square foot building situated at 2829 & 2875 Edson Avenue in the Bronx, New York, 10469. The property features a single, multi-tenant suite with 1,938 square feet currently available for lease. The building boasts 93 parking spaces, a significant advantage in this high-traffic area. Its prime location on the south service road of Interstate 95 ensures incredible visibility and accessibility. The property benefits from its proximity to major retail destinations, including the newly constructed Bay Plaza Mall and Bay Plaza Shopping Center, home to anchor tenants such as Macy's, H&M, Marshalls, AMC Theatre, Raymour & Flanigan, Uniqlo, and Old Navy. This strategic location also draws significant foot traffic from the densely populated Co-op City, directly adjacent to I-95. This presents a unique chance to establish a thriving business within a bustling commercial hub, benefiting from high visibility and a strong customer base. The available space offers significant potential for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Total area
15,000 SF
Lot
1.24 ac (54,189 SF)
Zoning code
R4
APN
04800-0018
UPID
US63-5588122
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
Current use
Occupant on record · Public records
-
Wingstreet Restaurant
-
Pizza Hut Take-out & Catering
-
Joyful Dragon Restaurant
-
Clean Rite Center (Bike/Boat/Book/etc) Store
-
ATN Check Cashing Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.14M
Blend (final)
Blend
$2.93M
Owner & transaction history
ACADIA BARTOW AVENUE, LLC
ACADIA BARTOW AVENUE, LLC
Zoning & alternative use
R4 · 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
$2.93M
Range $2.63M – $3.22M · ±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
$195 / 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
$117,543
Tax year 2024
Assessed value
$1,564,010
Assessed 2024
Previous assessed
$1,493,550
+4.7% YoY
Effective rate
7.52%
On assessed value
Assessed land
$852,600
Assessed improvement
$711,410
Land market value
$1,970,000
Improvement market value
$1,636,000
Total market value
$3,606,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
1
Stories
1
Units
6
Total area
15,000 SF
Lot
1.24 ac (54,189 SF)
Zoning code
R4
APN
04800-0018
UPID
US63-5588122
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Bronx, NY
Zoning R4 · permitted uses
R4 · 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
2003
Heating
NONE
Stories
1
Buildings
1
Units
6
Lot
1.24 ac
Current owner
From public records · entity-resolved
ACADIA BARTOW AVENUE, LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2829 EDSON AVE, BRONX, NY 10469-3438
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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