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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Retail space
3883 Tremont Ave 3889, Bronx, NY 10465-2421
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-0088037
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
4,324 SF
Lot
0.21 ac (9,175 SF)
Zoning code
R3A
APN
05439-0003
UPID
US63-0088037
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
-
Patricia's Pizza of Tremont Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$945k
Blend (final)
Blend
$1.42M
Owner & transaction history
3883 E Tremont Ave LLC · 9 yrs held
3883 E Tremont Ave LLC
since 2017
7 recorded transactions
Zoning & alternative use
R3A · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10%
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
$327 / 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
$40,038
Tax year 2024
Assessed value
$386,730
Assessed 2024
Previous assessed
$373,050
+3.7% YoY
Effective rate
10.35%
On assessed value
Assessed land
$292,500
Assessed improvement
$94,230
Land market value
$650,000
Improvement market value
$190,000
Total market value
$840,000
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
Off-Market
Year built
1991
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
4,324 SF
Lot
0.21 ac (9,175 SF)
Zoning code
R3A
APN
05439-0003
UPID
US63-0088037
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3A · Bronx, NY
Zoning R3A · permitted uses
R3A · 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
1991
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
3883 E Tremont Ave LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3883 E TREMONT AVE, BRONX, NY 10465-2421
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2020
—
3883 E Tremont Ave LLC
—
Deed
related
$1,200,000 · Manasquan Bk
Jun 16, 2017
—
3883 E Tremont Ave LLC
Alaio Holding Corp
Quit Claim Deed
—
Nov 30, 2007
$1,475,000
Alaio Holding Corp
Crestwood Assocs LLC
Grant Deed
$1,200,000 · Paf Capital LLC
Jan 29, 1998
—
Crestwood Associates LLC
Rapp,abraham
Grant Deed
related
—
—
—
Alaio Holding Corp
—
Deed Of Trust
related
$950,000 · M&g Pizza INC
—
—
Alaio Holding Corp
—
Deed Of Trust
related
$950,000 · M&g Piza INC
—
—
Alaio Holding Corp
—
Loan Modification, Consolidation And Extension
related
$1,050,000 · M&g Piza INC
—
—
3883 E Tremont Ave LLC
—
Loan Modification
related
$1,200,000 · Manasquan Bk
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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