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Property profile & analytics
OFF-MARKET
Estimated value
$7,060,000
Assisted living facilities
3845 Carpenter Ave, Bronx, NY 10467-5204
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-3771728
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Total area
65,625 SF
Lot
0.42 ac (18,450 SF)
Zoning code
R7-1
APN
04653-0076
UPID
US63-3771728
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
-
bronx park center Nursing Home
-
Daniel Culliford Physician
-
Bronx Park Rehabilitation & Nursing Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.06M
Owner & transaction history
3845 Carpenter Realty LLC · 1 yrs held
3845 Carpenter Realty LLC
since 2025
Last sale
$6.5M
6 recorded transactions
Zoning & alternative use
R7-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.2M
+1,581.6%
Auto repair, garage
$9.5M
+1,324.5%
Retail stores
$8.1M
+1,110.7%
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
RESTAURANT
$11,190,000
Change: +1,582% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,480,000
Change: +1,324% · Conversion: Difficult
RETAIL STORES
$8,055,000
Change: +1,111% · Conversion: Difficult
OFFICE BUILDING
$6,100,000
Change: +817% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,650,000
Change: +749% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,430,000
Change: +566% · Conversion: Difficult
Blend value · Realmo final
$7.06M
Range $6.35M – $7.77M · ±10% · vs last sale $6.50M (Feb 10 2025)
Last sale anchor
$6.50M
Feb 10 2025
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
$108 / 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
$434,476
Tax year 2024
Assessed value
$4,101,930
Assessed 2024
Previous assessed
$4,113,180
-0.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$183,600
Assessed improvement
$3,918,330
Land market value
$408,000
Improvement market value
$9,097,000
Total market value
$9,505,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
1
Stories
7
Units
1
Total area
65,625 SF
Lot
0.42 ac (18,450 SF)
Zoning code
R7-1
APN
04653-0076
UPID
US63-3771728
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-1 · Bronx, NY
Zoning R7-1 · permitted uses
R7-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$11.2M
AUTO REPAIR, GARAGE
Est. value
$9.5M
RETAIL STORES
Est. value
$8.1M
OFFICE BUILDING
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.7M
WAREHOUSE, STORAGE
Est. value
$4.4M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1970
Heating
NONE
Stories
7
Buildings
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
3845 Carpenter Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3845 CARPENTER AVE, BRONX, NY 10467-5204
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
—
3845 Carpenter Realty LLC
—
Deed
related
$33,007,000 · Capital Funding, LLC
Feb 10, 2025
—
3845 Carpenter Realty LLC
3845 Carpenter Realty LLC
Deed
related
—
Aug 2, 2022
—
3845 Carpenter Realty LLC
—
Deed
related
$9,087,715 · Tompkins Community Bank
May 6, 2019
$6,500,000
3845 Carpenter Realty LLC
Corona - Binyan LLC
Deed
$13,500,000 · Mahopac Bank
Feb 28, 2019
—
Corona N H Realty Co LLC
Corona N H Realty Co LLC
Quit Claim Deed
related
—
Oct 20, 2010
—
Winn Care Ents LLC
Winn Care INC
Quit Claim Deed
—
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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