New search
Property profile & analytics
OFF-MARKET
Estimated value
$25,545,000
Retail residential properties
3006 3rd Ave, Bronx, NY 10455-1201
Entity Owned
20-yr Hold
Free & Clear
Property ID
US63-2341948
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2006
Total area
151,229 SF
Lot
2.01 ac (87,686 SF)
Zoning code
C4-4
APN
02363-0024
UPID
US63-2341948
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
-
ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.55M
Owner & transaction history
Related Retail Hub LLC · 20 yrs held
Related Retail Hub LLC
since 2006
7 recorded transactions
Zoning & alternative use
C4-4 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$32.0M
+8.4%
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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$29,485,000
Current use
APARTMENT HOUSE (5+ UNITS)
$31,970,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$25.55M
Range $22.99M – $28.10M · ±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
$169 / 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
$207,610
Tax year 2024
Assessed value
$11,784,150
Assessed 2024
Previous assessed
$11,709,450
+0.6% YoY
Effective rate
1.76%
On assessed value
Assessed land
$1,381,050
Assessed improvement
$10,403,100
Land market value
$3,069,000
Improvement market value
$25,087,000
Total market value
$28,156,000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
1
Stories
2
Units
5
Total area
151,229 SF
Lot
2.01 ac (87,686 SF)
Zoning code
C4-4
APN
02363-0024
UPID
US63-2341948
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-4 · Bronx, NY
Zoning C4-4 · permitted uses
C4-4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$29.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$32.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
2
Buildings
1
Units
5
Lot
2.01 ac
Current owner
From public records · entity-resolved
Related Retail Hub LLC
Entity
Free & Clear · 20 yrs held
Mailing address
30 HUDSON YARDS #72, NEW YORK, NY 10001-2170
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2020
—
Related Retail Hub LLC
—
Deed
related
$44,205,881 · Goldman Sachs Bk USA
Nov 2, 2020
—
Related Retail Hub LLC
—
Deed
related
$44,205,881 · Goldman Sachs Bk USA
Mar 3, 2006
$1,050,000
Related Retail Hub LLC
New York City Economic Develop
Grant Deed
—
—
—
Related Retail Hub LLC
—
Deed Of Trust
related
$4,000,000 · Bank Of America
—
—
Bank Of America
—
Loan Modification
related
—
—
—
New York City Economic Dev Cor
—
Loan Modification
related
—
—
—
New York City Economic Dev Cor
—
Loan Modification
related
—
—
—
Related Retail Hub LLC
—
Deed Of Trust
related
$40,205,881 · Bank Of America
—
—
Related Retail Hub LLC
—
Deed Of Trust
related
$44,205,881 · Goldman Sachs Bk USA
—
—
Related Retail Hub LLC
—
Loan Modification
related
$44,205,881 · Goldman Sachs Bk USA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3006 3rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
