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Property profile & analytics
OFF-MARKET
Auto shops
355 173rd St, Bronx, NY 10457-7344
Entity Owned
~
Est. High Equity
Property ID
US63-2061625
Property summary
AI-generated overview
This exceptional 13,000-square-foot multi-story industrial property, situated on a 9,950-square-foot lot in the Bronx, NY (zip code 10457), is currently available. Located at 355 E 173rd Street, this M1-1 zoned property boasts over 270 feet of frontage on E 173rd Street. The warehouse features two drive-in doors for convenient access and offers ample parking with block-through access. Ceiling heights vary, ranging from 9 feet in the lower level, 10 feet 4 inches on the ground floor, and 13 feet on the second floor. The property benefits from heavy electrical power, making it suitable for a variety of industrial uses. Its strategic location, just two blocks from the Cross Bronx Expressway, provides easy access to the entire NYC metro area. The adjacent 1680 Anthony Avenue lot presents an opportunity for expansion or additional parking. This vacant property offers a prime opportunity for an immediate user to establish their operations in a well-connected and accessible location within the Bronx.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1931
Total area
12,972 SF
Lot
0.15 ac (6,506 SF)
Zoning code
M1-1
APN
02889-0029
UPID
US63-2061625
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
-
M A Auto Sports Collison Auto Repair Shop
-
Stop N Go Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
355 E 173rd Street Owner LLC
355 E 173rd Street Owner LLC
since 2025
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
M1-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$29,409
Tax year 2024
Assessed value
$277,650
Assessed 2024
Previous assessed
$282,330
-1.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$64,350
Assessed improvement
$213,300
Land market value
$143,000
Improvement market value
$489,000
Total market value
$632,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
12,972 SF
Lot
0.15 ac (6,506 SF)
Zoning code
M1-1
APN
02889-0029
UPID
US63-2061625
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Bronx, NY
Zoning M1-1 · permitted uses
M1-1 · 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
1931
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
355 E 173rd Street Owner LLC
Entity
Mailing address
2548 E TREMONT AVE, BRONX, NY 10461-2811
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
$2,300,000
355 E 173rd Street Owner LLC
355 E. 173rd St LLC
Deed
$1,825,000 · Modern Bank, N.a.
Jan 16, 2020
—
355 E 173rd St LLC
Real Est Invtrs Assocs Ltd
Grant 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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