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Property profile & analytics
FOR LEASE
Retail space
338 E Gun Hill Rd, Bronx, NY 10467
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-5404359
For Lease
1 / 2
$4,800/Mo
338 E Gun Hill Rd, Bronx, NY 10467
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Total area
10,340 SF
Lot
0.24 ac (10,650 SF)
Zoning code
R7A
APN
03352-0039
UPID
US63-5404359
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
-
Williamsbridge Locksmith Locksmith
-
Isabels Pharmacy Inc. Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$23.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.26M
Owner & transaction history
Bldg Holdings II LLC · 2 yrs held
Bldg Holdings II LLC
since 2024
Last sale
$23.3M
4 recorded transactions
Zoning & alternative use
R7A · 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
$23,255,000
ML approach
$23,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$23.26M
Range $20.93M – $25.58M · ±10% · vs last sale $23.25M (Jan 16 2024)
Last sale anchor
$23.25M
Jan 16 2024
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
$2,249 / 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
$67,778
Tax year 2024
Assessed value
$639,900
Assessed 2024
Previous assessed
$639,000
+0.1% YoY
Effective rate
10.59%
On assessed value
Assessed land
$174,150
Assessed improvement
$465,750
Land market value
$387,000
Improvement market value
$1,051,000
Total market value
$1,438,000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1927
Heating
NONE
Buildings
1
Stories
1
Units
9
Total area
10,340 SF
Lot
0.24 ac (10,650 SF)
Zoning code
R7A
APN
03352-0039
UPID
US63-5404359
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · Bronx, NY
Zoning R7A · permitted uses
R7A · 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.
Building & site characteristics
From public records
Year built
1927
Heating
NONE
Stories
1
Buildings
1
Units
9
Lot
0.24 ac
Current owner
From public records · entity-resolved
Bldg Holdings II LLC
Entity
Free & Clear · 2 yrs held
Mailing address
417 5TH AVE FL, NEW YORK, NY 10016-2204
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
$23,254,840
Bldg Holdings II LLC
Bldg Associates, INC.
Deed
—
May 25, 2018
—
Bldg Beacon Bronx LLC
—
Loan Modification
related
$12,371,716 · Ende Realty Co LLC
Mar 7, 2007
$31,000,000
Bldg Beacon Bronx LLC
Ende Realty Co LLC
Grant Deed
$20,000,000 · Ende Realty Co LLC
May 12, 2004
—
Ende Realty Co LLC
Ende,jerry
Quit Claim Deed
related
—
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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