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Property profile & analytics
OFF-MARKET
Estimated value
$217,545,000
Manufacturing properties
448 Tiffany St Bronx, NY 10474-6716
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-3840833
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1931
Total area
32,650 SF
Lot
0.61 ac (26,400 SF)
Zoning code
M3-1
APN
02771-0121
UPID
US63-3840833
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
-
Durable Diesel Fuel Supplier Diesel Fuel Supplier
-
Clean Fleet NY (Bike/Boat/Book/etc) Store
-
LIC FLEET MAINTENANCE LLC Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$217.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$217.55M
Owner & transaction history
Getir Us, INC. · 2 yrs held
Getir Us, INC.
since 2024
Last sale
$217.5M
7 recorded transactions
Zoning & alternative use
M3-1 · 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
$217,545,000
ML approach
$217,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$217.55M
Range $195.79M – $239.30M · ±10% · vs last sale $217.54M (Jan 18 2024)
Last sale anchor
$217.54M
Jan 18 2024
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
$6,663 / 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
$157,501
Tax year 2024
Assessed value
$1,486,980
Assessed 2024
Previous assessed
$1,381,860
+7.6% YoY
Effective rate
10.59%
On assessed value
Assessed land
$135,900
Assessed improvement
$1,351,080
Land market value
$302,000
Improvement market value
$3,581,000
Total market value
$3,883,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
4
Stories
2
Units
1
Total area
32,650 SF
Lot
0.61 ac (26,400 SF)
Zoning code
M3-1
APN
02771-0121
UPID
US63-3840833
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M3-1 · Bronx, NYZoning M3-1 · permitted uses
M3-1 · Bronx, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
2
Buildings
4
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Getir Us, INC.
Entity
Mailing address
625 W ADAMS ST, CHICAGO, IL 60661-3603
Ownership since
2024
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
Jan 18, 2024
$217,543,263
Getir Us, INC.
The Stop & Shop Supermarket Company
Deed
—
Jul 9, 2021
$230,608,331
Sprinter Holding, LLC
Rfd I, LLC
Deed
—
Jul 9, 2021
$206,151,615
Rfd II, INC.
Shareholders Of Fresh Direct Holdin
Deed
—
Mar 19, 2018
—
Afp Thirty Eight Corp
—
Deed
related
$5,700,000 · Webster Bank, National Association
Nov 30, 2016
—
Afp Thirty Seven Corp
Fae Holdings 470379r LLC
Grant Deed
—
Sep 6, 2016
$7,000,000
Fae Holdings 470379r LLC
Al Eastmond & Sons INC
Grant Deed
—
Nov 13, 2008
—
A L Eastmond & Sons INC
—
Deed Of Trust
related
$1,250,000 · Sovereign Bank
Jan 25, 2008
—
A L Eastmond & Sons INC
—
Deed Of Trust
related
$6,000,000 · Sovereign Bank
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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