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Property profile & analytics
OFF-MARKET
Office Spaces
2834 Atlantic Ave C2 Atlantic City, NJ 08401-6346
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1845402
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Total area
1,673 SF
Zoning code
NC-2
APN
02 00176-0000-00001-0000-C0002
UPID
US59-1845402
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
-
Brighton Towers Condo Associates Condominium Complex
-
Bakin Bad (Bike/Boat/Book/etc) Store
-
Bitcoin Depot ATM Atm
-
Pink Royalty Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Baking Bad Group INC · 3 yrs held
Baking Bad Group INC
since 2023
Last sale
$175,000
5 recorded transactions
Zoning & alternative use
NC-2 · Atlantic City, NJ
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 Atlantic City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,602
Tax year 2022
Assessed value
$68,900
Assessed 2023
Previous assessed
$68,900
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$24,600
Assessed improvement
$44,300
Land market value
$24,600
Improvement market value
$44,300
Total market value
$68,900
Applied tax rate
2.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Units
1
Total area
1,673 SF
Zoning code
NC-2
APN
02 00176-0000-00001-0000-C0002
UPID
US59-1845402
Jurisdiction
ATLANTIC
Zoning & alternative use
NC-2 · Atlantic City, NJ
Zoning NC-2 · permitted uses
NC-2 · Atlantic City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Current owner
From public records · entity-resolved
Baking Bad Group INC
Entity
Free & Clear · 3 yrs held
Mailing address
1635 MARKET ST #1628, PHILADELPHIA, PA 19103-2217
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2023
$175,000
Baking Bad Group INC
Dipti Afsana
Bargain And Sale Deed
—
Feb 27, 2019
$125,000
Afsana A Dipti
Steven Chang
Grant Deed
—
Jan 16, 2009
$267,500
John Ciaramella
Real Shore Invs LLC
Grant Deed
—
Nov 24, 2008
—
Real Shore Investments LLC
—
Trustees Deed
related
$300,000 · Miscellaneous Govt Agcy
Dec 8, 2004
$170,000
Real Shore Investments LLC
Reznick,harold & Cynthia
Grant Deed
$136,000 · American Svgs Bk/nj
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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