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Property profile & analytics
OFF-MARKET
Estimated value
$6,670,000
Apartment buildings
325 206th St, Bronx, NY 10467-4012
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US63-5840032
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1922
Total area
47,905 SF
Lot
0.23 ac (10,000 SF)
Zoning code
R5B
APN
03342-0047
UPID
US63-5840032
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
by Request
Comparable Approach
Comparable
$8.72M
Blend (final)
Blend
$6.67M
Owner & transaction history
325 East 206 LLC · 18 yrs held
325 East 206 LLC
since 2007
7 recorded transactions
Zoning & alternative use
R5B · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.8M
+6.1%
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
APARTMENT HOUSE (5+ UNITS)
$10,220,000
Current use
COMMERCIAL (GENERAL)
$10,840,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$6.67M
Range $6.00M – $7.34M · ±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
$139 / 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
$139,129
Tax year 2024
Assessed value
$1,165,720
Assessed 2024
Previous assessed
$1,151,680
+1.2% YoY
Effective rate
11.94%
On assessed value
Assessed land
$112,500
Assessed improvement
$1,053,220
Land market value
$250,000
Improvement market value
$2,223,000
Total market value
$2,473,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1922
Heating
NONE
Buildings
1
Stories
5
Units
47
Total area
47,905 SF
Lot
0.23 ac (10,000 SF)
Zoning code
R5B
APN
03342-0047
UPID
US63-5840032
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5B · Bronx, NY
Zoning R5B · permitted uses
R5B · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$10.2M
COMMERCIAL (GENERAL)
Est. value
$10.8M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
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
1922
Heating
NONE
Stories
5
Buildings
1
Units
47
Lot
0.23 ac
Current owner
From public records · entity-resolved
325 East 206 LLC
Entity
Mailing address
325 E 206TH ST, BRONX, NY 10467-4012
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
—
325 East 206 LLC
—
Deed
related
$1,643,071 · Customers Bank
Jul 17, 2017
—
325 East 206 LLC
—
Loan Modification, Consolidation And Extension
related
$5,300,000 · Customers Bk
Nov 26, 2007
$3,570,000
325 East 206 LLC
Geispro Realty LLC (as To 50inter
Deed
—
Nov 13, 2007
—
Geispro Realty LLC
P & E Realty Co LLC
Grant Deed
related
—
Nov 7, 2007
—
P & E Realty Co LLC
P & E Realty Co LLC
Quit Claim Deed
related
—
—
—
325 East 206 LLC
—
Deed Of Trust
related
$3,255,000 · Amalgamated Bank
—
—
325 East 206 LLC
—
Deed Of Trust
related
$707,643 · Amalgamated Bank
—
—
325 East 206 LLC
—
Deed Of Trust
related
$361,329 · Amalgamated Bank
—
—
325 East 206 LLC
—
Loan Modification
related
$3,500,000 · Amalgamated 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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