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Property profile & analytics
OFF-MARKET
Estimated value
$2,480,000
Retail residential properties
494 Jackson Ave, Bronx, NY 10455-4375
Individually Owned
7-yr Hold
Property ID
US63-0726257
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2019
Total area
14,492 SF
Lot
0.07 ac (3,134 SF)
Zoning code
R7-1
APN
02579-0001
UPID
US63-0726257
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.48M
Owner & transaction history
Ricardo L De Jesus SR · 7 yrs held
Ricardo L De Jesus SR
since 2018
6 recorded transactions
Zoning & alternative use
R7-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.1M
+8.4%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,825,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,065,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$2.48M
Range $2.23M – $2.73M · ±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
$171 / 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
$1,148
Tax year 2024
Assessed value
$820,339
Assessed 2024
Previous assessed
$845,100
-2.9% YoY
Effective rate
0.14%
On assessed value
Assessed land
$116,539
Assessed improvement
$703,800
Land market value
$318,000
Improvement market value
$1,669,000
Total market value
$1,987,000
Applied tax rate
1.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
1
Stories
4
Units
17
Total area
14,492 SF
Lot
0.07 ac (3,134 SF)
Zoning code
R7-1
APN
02579-0001
UPID
US63-0726257
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7-1 · Bronx, NY
Zoning R7-1 · permitted uses
R7-1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
2019
Heating
NONE
Stories
4
Buildings
1
Units
17
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ricardo L De Jesus SR
Individual
Mailing address
5308 13TH AVE #515, BROOKLYN, NY 11219-5198
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
—
494 Jackson LLC
—
Deed
related
$2,217,500 · Citi Real Estate Funding INC
Mar 3, 2020
—
494 Jackson LLC
—
Deed
related
$3,000,000 · Northeast Community Bank
Oct 1, 2018
—
Ricardo L De Jesus SR
De Jesus,ricardo L SR & Madeline C
Quit Claim Deed
related
—
Oct 1, 2018
$565,000
494 Jackson LLC
De Jesus,ricardo L SR & Madeline C
Grant Deed
—
Sep 10, 2013
—
Ricardo L De Jesus SR.
De Jesus,ricardo L & Madeline C
Quit Claim Deed
related
$242,250 · Reliance First Capital LLC
—
—
Ricardo L Dejesus
—
Deed Of Trust
related
$268,000 · Countrywide 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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