You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $13,845,000
Retail space

488 164th Stc Bronx, NY 10456-6620

22,623 SF 0.79 ac lot Built 2003
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US63-3624396
Property summary
AI-generated overview

This exceptional 3,000 square foot retail space is ideally situated in the vibrant Concourse Village neighborhood of the Bronx, New York, at 488 East 164th Street, zip code 10456. The property boasts a single-tenant occupancy and benefits from excellent visibility and accessibility. Its location between Washington Avenue and 3rd Avenue places it in close proximity to the Prospect Avenue subway station, providing convenient access to the 2 and 5 train lines. Furthermore, numerous bus lines, including the BX6-SBS, BX13, BX6, BX15, BX21, BX41, and BX41-SBS, serve the area, ensuring high pedestrian and vehicular traffic. The property enjoys a strong tenant base in its immediate vicinity, including well-known national and local businesses such as McDonald's, Aldi, Chipotle, Dunkin', and numerous other retail establishments and supermarkets. This prime location offers significant potential for a variety of retail businesses seeking a high-traffic, well-established commercial area within the Bronx. The property is categorized as retail, with a single-tenant occupancy, and is located in Bronx County, New York. This presents a unique opportunity for businesses looking to establish or expand their presence in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Total area 22,623 SF
Lot 0.79 ac (34,330 SF)
Zoning code M11R72
APN 02368-1001
UPID US63-3624396
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
  • Housing Solutions of New York Charitable Organization Social Service Agency
  • L & M Builders Construction Company
  • TOUCH OF NY Natural Hair Salon Hair Salon
  • The Encouraging Space Crisis Center Medical Clinic
  • Acacia Network: Chemical Dependence Outpatient Programs Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$13.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.66M
Blend (final) Blend
$13.85M
Owner & transaction history
Taino Plaza Associates LLC · 18 yrs held
Taino Plaza Associates LLC
since 2008
Last sale
$15.6M
2 recorded transactions
2019
Price N/A
2008
Price N/A
Zoning & alternative use
M11R72 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $16.5M +22.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 488 164th Stc?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message