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Property profile & analytics
FOR SALE
Retail residential properties
3174 Riverdale Ave Bronx, NY 10463
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-6167632
For Sale
1 / 10
$7,850,000
3174 Riverdale Ave, Bronx, NY 10463
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2013
Total area
12,143 SF
Lot
0.07 ac (3,120 SF)
Zoning code
R6
APN
05715-0180
UPID
US63-6167632
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.74M
Comparable Approach
Comparable
$3.69M
Blend (final)
Blend
$4.26M
Owner & transaction history
Connor Rose Essex, LLC · 1 yrs held
Connor Rose Essex, LLC
since 2025
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
R6 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.7M
+63.5%
Industrial (general)
$4.5M
+56.8%
Office building
$4.4M
+53.9%
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%
$4,055,000
6.5%
$3,740,000
7%
$3,475,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,880,000
Current use
WAREHOUSE, STORAGE
$4,705,000
Change: +64% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,510,000
Change: +57% · Conversion: Moderate
OFFICE BUILDING
$4,430,000
Change: +54% · Conversion: Easy
Blend value · Realmo final
$4.26M
Range $3.83M – $4.69M · ±10% · vs last sale $4.80M (May 27 2025)
Last sale anchor
$4.80M
May 27 2025
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
$351 / 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
$14,651
Tax year 2024
Assessed value
$773,820
Assessed 2024
Previous assessed
$733,860
+5.4% YoY
Effective rate
1.89%
On assessed value
Assessed land
$70,200
Assessed improvement
$703,620
Land market value
$156,000
Improvement market value
$1,715,000
Total market value
$1,871,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
2013
Heating
NONE
Buildings
1
Stories
5
Units
12
Total area
12,143 SF
Lot
0.07 ac (3,120 SF)
Zoning code
R6
APN
05715-0180
UPID
US63-6167632
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Bronx, NY
Zoning R6 · permitted uses
R6 · 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
$2.9M
WAREHOUSE, STORAGE
Est. value
$4.7M
INDUSTRIAL (GENERAL)
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.4M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2013
Heating
NONE
Stories
5
Buildings
1
Units
12
Lot
0.07 ac
Current owner
From public records · entity-resolved
Connor Rose Essex, LLC
Entity
Mailing address
3190 RIVERDALE AVE APT #3, BRONX, NY 10463-3857
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
May 27, 2025
$4,800,000
Connor Rose Essex, LLC
L.a.l. Irwin Management Co., LLC
Deed
—
Aug 10, 2020
—
L.a.l. Irwin Management Co., LLC
—
Deed
related
$4,600,000 · Sterling National Bank
Mar 28, 2016
—
Beechwood Sedgwick LLC
3180 Riverdale Realty LLC
Grant Deed
related
—
Feb 3, 2016
—
Lal Irwin Management Co LLC
Beechwood Sedgwick LLC
Quit Claim Deed
—
Feb 3, 2016
$5,250,000
Beechwood Sedgwick LLC
3174 Riverdale Realty LLC
Grant Deed
$3,200,000 · Oritani Fin
Sep 6, 2012
$225,000
3180 Riverdale Realty LLC
3175 Ny LLC
Grant Deed
—
Dec 17, 2009
$163,900
3175 Ny LLC
Avital,meir
Grant Deed
—
Jan 11, 2007
$425,000
Meir Avitall
Nazario,maria E
Grant Deed
$382,500 · Option One Mortgage Corp
—
—
3180 Riverdale Realty LLC
—
Deed Of Trust
related
$1,000,000 · 3174 Riverdale Avenue Funding
—
—
Lal Irwin Management Co LLC
—
Loan Modification, Consolidation And Extension
related
$4,200,000 · Oritani Fin
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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