Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3797 E Tremont Ave Bronx, NY 10465

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3797 E Tremont Ave Bronx, NY 10465

    View on Map
    • Investment properties
    • 3,080 SF
    • 0.05 lot acres
    For Sale
    View Listing →
    Mixed-Use Building with Retail Space For Sale
    Contact for pricing
    1,100 SF

    Mixed-Use Building with Retail Space

    Three apartments and ground-level retail/office space.

    3797 E Tremont Ave, Bronx, NY
    View Listing
    Property ID
    US63-2716048
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 3797 East Tremont Ave Corporation / Construction Company
    • Flier Factory / Marketing & Advertising / Printing Service
    • BD BEAUTY LOUNGE / Hair Salon / Nail Salon
    • ZN Threading Bar / Hair Salon / Nail Salon
    • Nail appointment / Nail Salon

    Property Details for 3797 E Tremont Ave

    Year built
    1993
    Lot size
    0.05 lot acres
    Property size
    3,080 SF
    Zone code
    R3A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05435-0010
    APU
    54350010

    Description

    This exceptional three-story commercial property, located at 3797 E Tremont Ave in the Bronx, NY (zip code 10465), offers a unique investment opportunity. The building encompasses a total of 3,080 square feet, situated on a 2,279 square foot lot. The property's zoning is R3A and C1-2, allowing for versatile usage. The ground floor features 1,100 square feet of retail or office space, ideal for a variety of businesses. Above the ground floor are three residential apartments; two are two-bedroom units, and one is a one-bedroom unit. This mixed-use property presents a compelling opportunity to generate income from both commercial and residential tenants. The building's strategic location in the Bronx offers excellent access to transportation and a thriving local community. This is a rare chance to acquire a multi-faceted property with significant potential for growth and return on investment. The property is ready for immediate occupancy and offers a solid foundation for a savvy investor seeking a blend of commercial and residential income streams. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8203
    Latitude
    40.8252
    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
    $7,680
    $10,871
    $27,365
    $38,236
    -
    $346,000
    $871,000
    $1,217,000

    Comparable in this City

    • Value Estimation
      $635,000
      6,291 SF

      3551 Tremont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,291 SF
      3551 Tremont Ave, Bronx, NY 10465-2017
      View Details
    • Value Estimation by Request
      1,980 SF

      2922 Bruckner Blvd Frnt A

      OFFICE/RESIDENTIAL (MIXED USE) • 1,980 SF
      2922 Bruckner Blvd Frnt A, Bronx, NY 10465-2172
      View Details
    • Value Estimation
      $630,000
      1,944 SF

      3752 Tremont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,944 SF
      3752 Tremont Ave, Bronx, NY 10465-2433
      View Details
    • Value Estimation
      $640,000
      1,312 SF

      3750 Tremont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,312 SF
      3750 Tremont Ave, Bronx, NY 10465-2433
      View Details
    • Value Estimation
      $630,000
      1,944 SF

      3756-3758 Tremont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,944 SF
      3756-3758 Tremont Ave, Bronx, NY 10465
      View Details
    • Value Estimation
      $845,000
      3,720 SF

      3009 Harding Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,720 SF
      3009 Harding Ave, Bronx, NY 10465-3441
      View Details

    Similar Nearby for Sale

    • $1,699,000

      Mixed-Use Investment in Throggs Neck

      Turnkey property with commercial space and residential income potential.
      2918 Bruckner Blvd, Bronx, NY 10465
      View Details
    • Contact for pricing

      Mixed-Use Investment Property For Sale

      Two-story mixed-use property with retail and residential units.
      32-33 Ampere Ave, Bronx, NY 10465
      View Details
    • Contact for pricing
      1,100 SF

      Mixed-Use Building with Retail Space

      Three apartments and ground-level retail/office space.
      3797 E Tremont Ave, Bronx, NY 10465
      View Details
    • $989,000

      Mixed-Use Property in Throggs Neck

      Versatile property ideal for retail or food service with apartment.
      3200 Schley Ave, Bronx, NY 10465
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo

      Commercial Space Near Transportation Hub

      Commercial space for rent near highway and public transportation.
      2990 Bruckner Blvd, Bronx, NY 10465
      View Details
    • $3,700 /Mo

      Renovated Apartment in Country Club

      Newly renovated 3-bedroom, 2-bath apartment in The Bronx.
      1611 2 St, Bronx, NY 10465
      View Details
    • Contact for pricing

      Prime Corner Retail Land Lease

      Ground lease opportunity in high-traffic retail area.
      3665 E Tremont Ave, Bronx, NY 10465
      View Details
    • $2,995 /Mo

      Bright Commercial Office Space Available

      Well-lit Bronx commercial office with modern glass partition for rent.
      3800 E Tremont Ave, Bronx, NY 10465
      View Details
    View Listing
    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.
    3797 E Tremont Ave
    Bronx, NY 10465
    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.
    Sign Up Successful!
    You now have access to more from Realmo!