Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    40 Burnside Ave, Unit 48 Bronx, NY 10453-4019

    • Investment properties
    • 18,600 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US63-2334847
    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

    • Investment properties

    Property Details for 40 Burnside Ave

    Year built
    1920
    Lot size
    0.24 lot acres
    Property size
    18,600 SF
    Zone code
    C44D
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    02870-0026
    APU
    28700026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $380,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $445,000
      Mixed-Use
      $380,000
      Hospitality
      $415,000
      Educational
      $435,000
      Residential Income
      $345,000
      Energy
      $365,000
      Income-Based Land
      $435,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9094
    Latitude
    40.8536
    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
    $80,047
    $141,750
    $613,980
    $755,730
    -
    $315,000
    $1,484,000
    $1,799,000

    Comparable in this City

    • Value Estimation
      $460,000
      9,640 SF

      1983-1989 University Ave

      STORE/OFFICE (MIXED USE) • 9,640 SF
      1983-1989 University Ave, Bronx, NY 10453
      View Details
    • Value Estimation
      $505,000
      9,950 SF

      1704-1714 University Ave

      STORE/OFFICE (MIXED USE) • 9,950 SF
      1704-1714 University Ave, Bronx, NY 10453
      View Details
    • Value Estimation by Request
      16,200 SF

      1995 Jerome Ave, Unit 2003

      STORE/OFFICE (MIXED USE) • 16,200 SF
      1995 Jerome Ave, Bronx, NY 10453-1803
      View Details
    • Value Estimation by Request
      16,200 SF

      1975 Jerome Ave, Unit 1983

      STORE/OFFICE (MIXED USE) • 16,200 SF
      1975 Jerome Ave, Bronx, NY 10453-1803
      View Details
    • Value Estimation
      $550,000
      11,250 SF

      1785 Jerome Ave

      STORE/OFFICE (MIXED USE) • 11,250 SF
      1785 Jerome Ave, Bronx, NY 10453-5711
      View Details
    • Value Estimation
      $385,000
      5,538 SF

      1690 Jerome Ave

      STORE/OFFICE (MIXED USE) • 5,538 SF
      1690 Jerome Ave, Bronx, NY 10453-5702
      View Details

    Similar Nearby for Sale

    • $999,999
      Pending

      Bronx Triplex Redevelopment Opportunity

      Triplex in prime Bronx area, ideal for redevelopment.
      2201 University Ave, Bronx, NY 10453
      View Details
    • $1,200,000
      3,132 SF

      Bronx Triplex in Morris Heights

      Triplex in Morris Heights with investment potential near public transportation.
      1999 Morris Ave, Bronx, NY 10453
      View Details
    • $839,999

      West 175th Street Mixed-Use

      Bronx Multifamily Investment Opportunity
      130 175Th St, Bronx, NY 10453
      View Details
    • $5,250,000
      15,224 SF

      Popham Ave Multifamily Investment

      18-Unit Bronx Apartment Building, High ROI
      1643-1645 Popham Ave, The Bronx, NY 10453
      View Details
    • $135,000

      Grand Concourse Apartment Building

      Apartment building located on Grand Concourse, The Bronx.
      1855 The, Bronx, NY 10453
      View Details
    • New
      $899,000
      Pending

      Bronx Three-Family Home for Sale

      Three-family home in University Heights, Bronx, with income potential.
      2117 Grand Ave, Bronx, NY 10453
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      22,500 SF

      Retail Space in Fordham Heights

      1200 sqft retail space in a prime Bronx location.
      2271 Morris Ave, Bronx, NY 10453
      View Details
    • Contact for pricing
      23,476 SF

      Prime Bronx Medical Office Space

      Multiple suites available, 403-2607 sqft
      2070 Jerome Ave, New York, NY 10453
      View Details
    • $5,300 /Mo
      313 SF

      Retail Space Near Burnside Avenue

      Retail space for rent in high foot traffic area.
      2-10 W Burnside Ave, Bronx, NY 10453
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near Train Station

      Retail space in high-traffic area near Burnside Avenue train station.
      2028-2030 Jerome Ave, Bronx, NY 10453
      View Details
    • Contact for pricing
      1 SF

      Prime Bronx Retail Space Available

      8,000 SF Retail Space, Bronx, NY
      101 Burnside Ave, New York, NY 10453
      View Details
    • $100 SF/Yr
      16,904 SF

      Burnside Ave Retail Center

      Bronx Retail Strip - 2,500 SF Available
      96 Burnside Ave, The Bronx, NY 10453
      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.
    40 Burnside Ave, Unit 48
    Bronx, NY 10453-4019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    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.