Individually Owned Property summary
AI-generated overview
This exceptional retail property at 290 E 149th St in the Bronx, NY (zip code 10451), offers a unique opportunity for businesses seeking flexible and prominent space. The building boasts a total of 293,425 square feet of commercial space, with multiple tenancies available. Three spaces are currently available, ranging from a minimum of 3,022 square feet to a maximum contiguous space of 15,480 square feet. This allows for adaptability to various business needs and expansion plans. The property is located in Bronx County, New York, providing excellent access to a vibrant and densely populated community. A significant amount of space is currently vacant, totaling 29,389 square feet, presenting a substantial opportunity for immediate occupancy. This prime location offers high visibility and accessibility, making it an ideal choice for retailers seeking to establish or expand their presence in a thriving market. The property's size and layout provide ample space for a variety of retail concepts. Serious inquiries are encouraged to explore the possibilities of this exceptional retail offering.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Total area
2,880 SF
Lot
0.59 ac (25,625 SF)
Zoning code
C4-4
APN
02330-0016
UPID
US63-2119976
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Storage Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$1.32M
Owner & transaction history
since 2020
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
C4-4 · Bronx, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.32M
Value range
$1.19M – $1.45M
±10% around blend
Estimated value / SF
$458 / SF
Confidence
High
16 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$1.19M
blend $1.32M
$1.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,880 SF
Lot area
0.59 ac
Year built
1998
Stories
3
APN
02330-0016
Zoning
C4-4
Assessed value
$710,862
Annual tax
$75,295
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.92M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.7 mi away · 2,500 SF
9.7 mi away · 3,360 SF
10.1 mi away · 2,150 SF
10.1 mi away · 2,100 SF
10.7 mi away · 2,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.32M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 150 sales
$728
-37%
County 150 sales
$728
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $458/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.15M
Move the market yield to see immediate price impact.
Value / SF
$399
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$72k
$1.45M
$1.04M
$805k
$81k
$1.61M
$1.15M
$894k
$89k
$1.77M
$1.26M
$984k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$1.57M
4.9 mi · Feb 2026 · $551/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$75,295
Tax year 2024
Assessed value
$710,862
Assessed 2024
Previous assessed
$624,326
+13.9% YoY
Effective rate
10.59%
On assessed value
Assessed land
$710,862
Land market value
$2,261,000
Total market value
$2,261,000
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Heating
NONE
Stories
3
Units
3
Total area
2,880 SF
Lot
0.59 ac (25,625 SF)
Zoning code
C4-4
APN
02330-0016
UPID
US63-2119976
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-4 · Bronx, NYZoning C4-4 · permitted uses
C4-4 · Bronx, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
3
Units
3
Lot
0.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C4-4
Jurisdiction
Bronx, NY
Recorded code
C4-4
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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