Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3605 Kingsbridge Ave Bronx, NY 10463-2329

    • Retail residential properties
    • 65,250 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimations
    $8,220,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1329777
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sensory Spectrum Daycare Corp / Day Care Center / Family Day Care Service
    • KNK Dragonfly Family Daycare / Day Care Center
    • EP Health Products / Vitamin & Supplements Store
    • Spanians by Numa / Shoe Store

    Property Details for 3605 Kingsbridge Ave

    Year built
    1929
    Lot size
    0.29 lot acres
    Property size
    65,250 SF
    Zone code
    R4
    Property type
    Retail residential properties
    APN
    05766-0775
    APU
    57660775

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,719,000
      Market price range: $9.72M - $22.5M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9026
    Latitude
    40.8842
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $140,929
    $168,750
    $992,340
    $1,161,090
    -
    $375,000
    $2,130,000
    $2,505,000

    Comparable in this City

    • Value Estimation
      $19,125,000
      153,954 SF

      3605 Sedgwick Ave

      STORES & APARTMENTS • 153,954 SF
      3605 Sedgwick Ave, Bronx, NY 10463-6039
      View Details
    • Value Estimation
      $5,165,000
      21,290 SF

      5537 Broadway, Unit 5545

      STORE/OFFICE (MIXED USE) • 21,290 SF
      5537 Broadway, Bronx, NY 10463-5217
      View Details
    • Value Estimation
      $13,030,000
      101,136 SF

      2820 Bailey Ave

      STORES & APARTMENTS • 101,136 SF
      2820 Bailey Ave, Bronx, NY 10463-7220
      View Details
    • Value Estimation
      $2,320,000
      10,864 SF

      560 Kappock St, Unit 570

      STORE/OFFICE (MIXED USE) • 10,864 SF
      560 Kappock St, Bronx, NY 10463-6452
      View Details
    • Value Estimation
      $9,235,000
      64,000 SF

      511 235th St

      STORES & APARTMENTS • 64,000 SF
      511 235th St, Bronx, NY 10463-1811
      View Details
    • Value Estimation
      $14,730,000
      73,455 SF

      5731 Broadway

      STORES & APARTMENTS • 73,455 SF
      5731 Broadway, Bronx, NY 10463-4103
      View Details

    Similar Nearby for Sale

    • $945,000

      Villa Charlotte Bronte Apartment Complex

      17-unit apartment complex in the Riverdale section of the Bronx.
      2501 The, Bronx, NY 10463
      View Details
    • $230,000

      Riverdale Apartment with Home Office

      Spacious 1-bedroom apartment with home office in Riverdale.
      3210 The, Bronx, NY 10463
      View Details
    • $549,000

      Renovated Coop with Terrace

      Sponsor-owned, renovated 2BR coop with terrace and amenities.
      2500 Johnson Ave, Bronx, NY 10463
      View Details
    • $445,000

      Exclusive Apartment with Balcony

      Two-bedroom apartment with balcony and greenery views.
      2727 The, Bronx, NY 10463
      View Details
    • $195,000

      Kingsbridge Heights Coop Apartment

      Bright, renovated 1-bedroom coop near Jerome Park Reservoir.
      3363 The, Bronx, NY 10463
      View Details
    • $255,000

      Two Bedroom Apartment in New York

      Two-bedroom apartment with eat-in kitchen, convenient location, and on-site laundry.
      3850 Sedgwick Ave, Bronx, NY 10463
      View Details

    Similar Nearby for Lease

    • $468 /Mo
      9,000 SF

      Broadway Office Space - 9,000 SF

      Spacious Bronx Office, Single Tenant, Train Access
      5622 Broadway The, The Bronx, NY 10463
      View Details
    • $3,500 /Mo

      Office Space for Rent

      1,000 Sq.Ft office space ideal for medical, lawyer, CPA.
      3845 Sedgwick Ave, Bronx, NY 10463
      View Details
    • Contact for pricing
      1,000 SF

      Prime Retail Space in Bronx

      1,000 SF retail space in a top NYC corridor.
      225 W 230Th St, Bronx, NY 10463
      View Details
    • $25,000
      2,065 SF

      Large Storefront Retail Space Available

      Vacant 2,065 SF storefront in Bronx, food allowed.
      13 Knolls Cres, Bronx, NY 10463
      View Details
    • Contact for pricing
      789 SF

      Retail Space in High-Traffic Area

      Retail space available in Riverdale's busiest pedestrian corridor.
      190 W 231St St, Bronx, NY 10463
      View Details
    • $17,500 /Mo
      3,080 SF

      Bronx Retail Space Available

      3,080 SF retail space for rent in Bronx, NY.
      3520 Johnson Ave, Bronx, NY 10463
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3605 Kingsbridge Ave
    Bronx, NY 10463-2329
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.