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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Schools
3200 Jerome Ave, Bronx, NY 10468-1106
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US63-5646314
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1954
Total area
34,526 SF
Lot
0.26 ac (11,500 SF)
Zoning code
C8-2
APN
03323-0036
UPID
US63-5646314
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
-
QSAC School in the Bronx for Students with Autism High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$360k
Blend (final)
Blend
$575k
Owner & transaction history
Rinzler Family LP · 26 yrs held
Rinzler Family LP
since 2000
7 recorded transactions
Zoning & alternative use
C8-2 · Bronx, NY
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 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
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$735,000
Current use
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$17 / 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
$167,158
Tax year 2024
Assessed value
$1,578,150
Assessed 2024
Previous assessed
$1,582,470
-0.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$219,150
Assessed improvement
$1,359,000
Land market value
$487,000
Improvement market value
$3,170,000
Total market value
$3,657,000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1954
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
34,526 SF
Lot
0.26 ac (11,500 SF)
Zoning code
C8-2
APN
03323-0036
UPID
US63-5646314
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-2 · Bronx, NY
Zoning C8-2 · permitted uses
C8-2 · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$735,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
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
1954
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Rinzler Family LP
Entity
Mailing address
3200 JEROME AVE, BRONX, NY 10468-1106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2017
—
Rinzler Family LP
—
Deed
related
$2,000,000 · Td Bk NA
Feb 25, 2000
$1,100,000
Rinzler Family LP
Huerta,frank
Grant Deed
related
$200,000 · Dominion Financial INC
—
—
Rinzler Family LP
—
Loan Modification, Consolidation And Extension
related
$825,000 · New York Com'l Bk
—
—
Rinzler Family LP
—
Deed Of Trust
related
$1,204,649 · Td Bk NA
—
—
3 East 75a LLC
—
Deed Of Trust
related
$356,303 · Td Bk NA
—
—
Rinzler Family LP
—
Loan Modification, Consolidation And Extension
related
$2,000,000 · Td Bk NA
—
—
Rinzler Family LP
—
Loan Modification, Consolidation And Extension
related
$2,000,000 · Td Bk NA
—
—
Rinzler Family LP
—
Deed Of Trust
related
$858,429 · New York Community Bank
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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