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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Retail space
483 Brk Ave, Bronx, NY 10455-4223
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-5924891
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
6,727 SF
Lot
0.15 ac (6,727 SF)
Zoning code
R6
APN
02291-0037
UPID
US63-5924891
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
-
Ruinas de Copán & Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.03M
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$2.76M
Owner & transaction history
486 Brook Ave LLC · 2 yrs held
486 Brook Ave LLC
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
R6 · 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
$3,090,000
ML approach
$3,025,000
CAP Approach
CAP Return
Estimation
6%
$2,360,000
6.5%
$2,180,000
7%
$2,025,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,995,000
Current use
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10% · vs last sale $2.35M (Nov 28 2023)
Last sale anchor
$2.35M
Nov 28 2023
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
$410 / 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
$48,758
Tax year 2024
Assessed value
$460,330
Assessed 2024
Previous assessed
$447,550
+2.9% YoY
Effective rate
10.59%
On assessed value
Assessed land
$40,500
Assessed improvement
$419,830
Land market value
$90,000
Improvement market value
$1,070,000
Total market value
$1,160,000
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
5
Total area
6,727 SF
Lot
0.15 ac (6,727 SF)
Zoning code
R6
APN
02291-0037
UPID
US63-5924891
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Bronx, NY
Zoning R6 · permitted uses
R6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.0M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Buildings
1
Units
5
Lot
0.15 ac
Current owner
From public records · entity-resolved
486 Brook Ave LLC
Entity
Mailing address
10210 METROPOLITAN AVE #200, FOREST HILLS, NY 11375-6732
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
—
486 Brook Ave LLC
—
Deed
related
$1,250,000 · Customers Bank
Nov 28, 2023
$2,350,000
486 Brook Ave LLC
7468 General INC.
Deed
—
Jun 6, 2018
—
7468 General INC
—
Deed
related
$1,100,000 · Amerasia Bk
Feb 13, 2018
—
7468 General INC
Wu,yu H
Quit Claim Deed
—
Mar 10, 2008
$962,000
Shao M Ho
Njj Partners LLC
Grant Deed
$617,918 · Ende Realty Co
—
—
Wu,yu H
—
Loan Modification, Consolidation And Extension
related
$499,000 · Amerasia Bk
—
—
Wu,yu H
—
Deed Of Trust
related
$46,426 · Amerasia Bk
—
—
Nelson Partners LLC
—
Deed Of Trust
related
$1,000,000 · Nelcol Lireme LLC
—
—
7468 General INC
—
Loan Modification
related
$1,100,000 · Amerasia Bk
—
—
Herzl Partners LLC
—
Deed Of Trust
related
$925,000 · Nelcol Lireme LLC
—
—
College Ave Partners LLC
—
Deed Of Trust
related
$1,000,000 · Nelcol Lireme LLC
—
—
Rjp Partners Corp
—
Deed Of Trust
related
$2,000,000 · Nelcol Lireme LLC
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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