Entity Owned 
For Sale
$1,475,000
3194 Webster Ave, Bronx, NY 10467
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Property summary
AI-generated overview
3194 Webster Avenue is a mixed-use building in the Bronx that combines residential and retail space. The property contains five free-market residential units plus a ground-floor retail storefront. It includes upgraded electrical and plumbing systems and provides modernized apartment interiors. Beyond the residential and storefront areas, the building is configured with storage and work areas to support occupants and operations, and it also has a commercial tenant space within the retail component.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1920
Total area
4,350 SF
Lot
0.05 ac (2,063 SF)
Zoning code
R7D
APN
03357-0060
UPID
US63-6025128
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
-
Insurance Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$655k
Owner & transaction history
since 2006
2 recorded transactions
Zoning & alternative use
R7D · Bronx, NY
Top alternative use upside
Commercial (general)
$985,000
+6.1%
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 27 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$655k
Value range
$590k – $721k
±10% around blend
Estimated value / SF
$151 / SF
Confidence
High
27 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$590k
blend $655k
$721k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,350 SF
Lot area
0.05 ac
Year built
1920
Stories
3
APN
03357-0060
Zoning
R7D
Assessed value
$98,764
Annual tax
$12,347
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$12,347
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.24M
Weighted, 20 comps · high confidence
Evidence
27 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.8 mi away · 3,089 SF
3.4 mi away · 4,500 SF
3.4 mi away · 4,500 SF
3.5 mi away · 3,075 SF
3.6 mi away · 3,750 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$655k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 75 sales
$213
-29%
Submarket 818 sales
$145
+4%
County 816 sales
$145
+4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $151/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+6%
vs current-use indication
Apartment House (5+ Units) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 27 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
6.42%
Selected cap rate for this other apartment buildings
Derived from the Bronx market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.42%
9.0%
NOI (est.)
$95k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.47M
Move the market yield to see immediate price impact.
Value / SF
$339
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
5.92%6.42%6.92%
$85k
$1.44M
$1.33M
$1.23M
$95k
$1.60M
$1.47M
$1.37M
$104k
$1.76M
$1.62M
$1.50M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
27 found
High confidence · county-verified
Closest comparable
$875k
1.2 mi · Feb 2026 · $161/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,347
Tax year 2024
Assessed value
$98,764
Assessed 2024
Previous assessed
$91,480
+8.0% YoY
Effective rate
12.50%
On assessed value
Assessed land
$4,825
Assessed improvement
$93,939
Land market value
$35,000
Improvement market value
$681,400
Total market value
$716,400
Applied tax rate
2.0000
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
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1920
Heating
NONE
Buildings
1
Stories
3
Units
6
Total area
4,350 SF
Lot
0.05 ac (2,063 SF)
Zoning code
R7D
APN
03357-0060
UPID
US63-6025128
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7D · Bronx, NYZoning R7D · permitted uses
R7D · 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
1920
Heating
NONE
Stories
3
Buildings
1
Units
6
Lot
0.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R7D
Jurisdiction
Bronx, NY
Recorded code
R7D
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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