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    487 Tremont Ave Bronx, NY 10457-4401

    • Investment properties
    • 1,848 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US63-1842130
    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

    • Jaysuperboxss / Manufacturer
    • Total by Verizon / Cell Phone Store / Telecommunications Service Provider
    • IGLESIA EMBAJADORES DEL GRAN REY / Church
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service
    • ATM National LLC / Atm

    Property Details for 487 Tremont Ave

    Year built
    1931
    Lot size
    0.05 lot acres
    Property size
    1,848 SF
    Zone code
    C45X
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    03043-0036
    APU
    30430036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $255,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $240,000
      Mixed-Use
      $265,000
      Hospitality
      $235,000
      Educational
      $255,000
      Residential Income
      $245,000
      Energy
      $200,000
      Income-Based Land
      $255,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8973
    Latitude
    40.8471
    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
    $19,904
    $41,400
    $146,520
    $187,920
    -
    $92,000
    $388,000
    $480,000

    Comparable in this City

    • Value Estimation
      $570,000
      5,580 SF

      2237-2239 Webster Ave

      STORE/OFFICE (MIXED USE) • 5,580 SF
      2237-2239 Webster Ave, Bronx, NY 10457
      View Details
    • Value Estimation
      $390,000
      3,675 SF

      753 Tremont Ave

      STORE/OFFICE (MIXED USE) • 3,675 SF
      753 Tremont Ave, Bronx, NY 10457-5101
      View Details
    • Value Estimation
      $2,040,000
      5,250 SF

      300 Tremont Ave

      STORE/OFFICE (MIXED USE) • 5,250 SF
      300 Tremont Ave, Bronx, NY 10457-4241
      View Details
    • Value Estimation
      $1,620,000
      3,000 SF

      709 Tremont Ave

      STORE/OFFICE (MIXED USE) • 3,000 SF
      709 Tremont Ave, Bronx, NY 10457-5001
      View Details
    • Value Estimation
      $1,220,000
      1,943 SF

      1850 Grand Concourse

      STORE/OFFICE (MIXED USE) • 1,943 SF
      1850 Grand Concourse, Bronx, NY 10457-5520
      View Details
    • Value Estimation
      $435,000
      4,950 SF

      4378-4380 3rd Ave

      STORE/OFFICE (MIXED USE) • 4,950 SF
      4378-4380 3rd Ave, Bronx, NY 10457
      View Details

    Similar Nearby for Sale

    • $1,500,000
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      Well-maintained duplex on a 50x100 lot in the Bronx.
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      Multi-family home with steady income and expansion possibilities.
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      Bronx Mixed-Use Triplex For Sale

      Fully rented triplex with restaurant and storage in the Bronx.
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      Two-Family Home, Belmont Bronx

      Two-family home in need of significant repairs, cash offers only.
      2249 Bassford Ave, Bronx, NY 10457
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    • $3,500,000
      0.05 Acres

      New Bronx Multifamily Building

      Fully vacant, ten-unit multifamily building in the Bronx.
      1761 Topping Ave, Bronx, NY 10457
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      Bronx Multifamily Property For Sale

      9-unit multifamily property in the Bronx, fully occupied.
      2089 Webster Ave, Bronx, NY 10457
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    Similar Nearby for Lease

    • $2,800 /Mo
      537 SF

      Bronx Mixed-Use Space Available

      Mixed-use commercial space for rent in the Bronx.
      1575 Bathgate Ave, Bronx, NY 10457
      View Details
    • $20 SF/Yr
      38,000 SF

      Bronx Industrial Space For Lease

      Executive Suites & Flex Space Available
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      View Details
    • $44 SF/Yr
      1,223 SF

      Bronx Retail Space Available

      Retail space available for lease in the Bronx.
      3952 3Rd Ave, Bronx, NY 10457
      View Details
    • Contact for pricing
      11,250 SF

      Prime Bronx Retail Corner Location

      Former Walgreens, Excellent Condition, High Visibility
      650 Tremont Ave, The Bronx, NY 10457
      View Details
    • $2,400 /Mo
      820 SF

      Bronx Retail Space Available

      Retail space for rent with private bathroom in the Bronx.
      537 Claremont Pkwy, Bronx, NY 10457
      View Details
    • Contact for pricing
      4,500 SF

      Office Space in Bronx Available

      4,500 square feet of office space for rent.
      1777 Weeks Ave, Bronx, NY 10457
      View Details
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    Bronx, NY 10457-4401
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    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
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