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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Retail space
46 167th St, Bronx, NY 10452-8207
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US63-5616919
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R9A
APN
02488-0023
UPID
US63-5616919
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
-
Dunkin' Cafe & Coffee Shop
-
The Dermatology Specialists-Highbridge Physician Medical Clinic
-
Chinise restaurant Public Bathroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$508k
Blend (final)
Blend
$630k
Owner & transaction history
Master East 167 LLC · 14 yrs held
Master East 167 LLC
since 2011
7 recorded transactions
Zoning & alternative use
R9A · 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
$555,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$830,000
7%
$770,000
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$252 / 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
$37,102
Tax year 2024
Assessed value
$350,280
Assessed 2024
Previous assessed
$286,200
+22.4% YoY
Effective rate
10.59%
On assessed value
Assessed land
$27,000
Assessed improvement
$323,280
Land market value
$60,000
Improvement market value
$1,021,000
Total market value
$1,081,000
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
1931
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R9A
APN
02488-0023
UPID
US63-5616919
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R9A · Bronx, NY
Zoning R9A · permitted uses
R9A · 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
1931
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Master East 167 LLC
Entity
Mailing address
1946 CONEY IS AVE, BROOKLYN, NY 11223-2329
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2021
—
Master East 167 LLC
—
Deed
related
$2,785,000 · Citi Real Estate Funding INC.
Sep 29, 2011
—
Master East 167 LLC
Er East 167th Street LLC
Quit Claim Deed
$3,200,000 · Manufacturers And Traders Trust Com
Sep 29, 2011
$1,482,600
Jacobs 167th St LLC
East 167th Street Realty Corp
Grant Deed
—
Sep 29, 2011
$494,200
Kcc East 167th Street LLC
East 167th Street Realty Corp
Grant Deed
—
Sep 29, 2011
$2,965,200
Er East 167th Street LLC
East 167th Street Realty Corp
Grant Deed
—
Jul 26, 2011
$1,508,000
Renaissance 167th Street LLC
East 167th Street Realty Corp
Grant Deed
—
Feb 2, 2004
$4,100,000
East 167th Street Realty Corp
Stahl Realty
Grant Deed
$2,390,000 · Hsbc Bank USA
—
—
Master East 167 LLC
—
Loan Modification, Consolidation And Extension
related
$10,800,000 · Signature Bk
—
—
Master East 167 LLC
—
Loan Modification
related
$10,400,000 · Peoples United 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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