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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Hotels
4477 3rd Ave Bronx, NY 10457-1526
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-3449710
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2022
Total area
42,186 SF
Lot
0.17 ac (7,250 SF)
Zoning code
C44D
APN
03051-0049
UPID
US63-3449710
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
-
Holiday Inn Express And Suites Bronx NYC, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$895k
Owner & transaction history
Third Ave Bx LLC · 7 yrs held
Third Ave Bx LLC
since 2019
7 recorded transactions
Zoning & alternative use
C44D · 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
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$21 / 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
$322,390
Tax year 2024
Assessed value
$3,043,710
Assessed 2024
Previous assessed
$163,620
+1,760.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$197,010
Assessed improvement
$2,846,700
Land market value
$516,000
Improvement market value
$6,326,000
Total market value
$6,842,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2022
Heating
NONE
Buildings
1
Stories
9
Units
15
Total area
42,186 SF
Lot
0.17 ac (7,250 SF)
Zoning code
C44D
APN
03051-0049
UPID
US63-3449710
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C44D · Bronx, NY
Zoning C44D · permitted uses
C44D · 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
2022
Heating
NONE
Stories
9
Buildings
1
Units
15
Lot
0.17 ac
Current owner
From public records · entity-resolved
Third Ave Bx LLC
Entity
Free & Clear · 7 yrs held
Mailing address
238 CSWY CAUSEWAY, LAWRENCE, NY 11559-2128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jul 11, 2024
—
Third Ave Bx LLC
—
Deed
related
$2,250,000 · Hanmi Bank
Jun 1, 2023
—
Third Ave Bx LLC
—
Deed
related
$1,250,000 · Vernon Capital Funding LLC
Aug 2, 2022
—
Third Ave Bx LLC
—
Deed
related
$11,550,000 · Vernon Capital Funding, LLC
Jul 3, 2019
—
Third Ave Bx LLC
4477 Third Ave LLC
Correction Deed
related
—
Feb 21, 2019
$3,900,000
Third Ave Bx LLC
4477 Third Ave LLC
Grant Deed
—
Feb 21, 2019
—
Third Ave Bx LLC
—
Deed
related
$1,360,000 · Columbia Cap
Jun 11, 2015
$2,150,000
4477 Third Ave LLC
Maroff Irving & Ronald
Grant Deed
$1,800,500 · Irving & Ronald Maroff
—
—
Third Ave Bx LLC
—
Loan Modification
related
$1,360,000 · Columbia Cap
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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