Financial
Distress signals
Property profile

488 164th Stc Bronx, NY 10456

OFF-MARKET
Retail space
Property ID
US63-3624396
22,623 SF 0.79 ac lot Built 2003
Last sale Apr 2025 · $15,583,860
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$142k
Tax billed · 2024
Assessed value$1.34M
Assessed land$64k
Assessed improvement$1.27M
Effective rate10.59%

Value estimate

· Sep 2026
$13.85M
$12.46M – $15.23M
AI approach$13.55M
Sales comparison$10.66M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$594/SF
Submarket average, outlier-cleaned · 204 recorded sales of this use type
Observed band · Q1–Q3$360 – $882
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M11R72
JurisdictionBRONX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm76.6
Realty agency61.4
Gym & Fitness23.3

Location

488 164th Stc Bronx, NY 10456-6620
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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