Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    671-675 Timpson Pl Bronx, NY 10455

    • Manufacturing properties
    • 16,139 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimations
    $4,375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1646042
    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

    • Manufacturing properties

    Property Details for 671-675 Timpson Pl

    Year built
    1931
    Lot size
    0.37 lot acres
    Property size
    16,139 SF
    Zone code
    C8-3
    Property type
    Manufacturing properties
    APN
    02603-0192
    APU
    26030192

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,934,000
      Market price range: $3.48M - $9.98M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,995,000
      Current use
      WAREHOUSE, STORAGE
      $6,255,000
      Change: +4% Conversion: Easy
      OFFICE BUILDING
      $5,885,000
      Change: -2% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8998
    Latitude
    40.8128
    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
    $62,287
    $72,450
    $515,610
    $588,060
    -
    $161,000
    $1,347,000
    $1,508,000

    Comparable in this City

    • Value Estimation
      $4,665,000
      17,419 SF

      450 Southern Blvd

      MANUFACTURING (LIGHT) • 17,419 SF
      450 Southern Blvd, Bronx, NY 10455-4999
      View Details
    • Value Estimation
      $4,890,000
      19,075 SF

      415 Concord Ave

      FACTORY (MANUFACTURING) • 19,075 SF
      415 Concord Ave, Bronx, NY 10455-4801
      View Details
    • Value Estimation
      $9,405,000
      41,600 SF

      432 Austin Pl, Unit 440

      MANUFACTURING (LIGHT) • 41,600 SF
      432 Austin Pl, Bronx, NY 10455-5025
      View Details
    • Value Estimation
      $3,140,000
      10,400 SF

      433 Bruckner Blvd

      MANUFACTURING (LIGHT) • 10,400 SF
      433 Bruckner Blvd, Bronx, NY 10455-5007
      View Details
    • Value Estimation
      $4,265,000
      186,000 SF

      430 Southern Blvd

      HEAVY MANUFACTURING • 186,000 SF
      430 Southern Blvd, Bronx, NY 10455-4907
      View Details
    • Value Estimation
      $1,050,000
      10,320 SF

      448 148th St

      MANUFACTURING (LIGHT) • 10,320 SF
      448 148th St, Bronx, NY 10455-4124
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      44,610 SF

      Bronx Retail and Office Building

      Retail and office building in the South Bronx.
      2922 3Rd Ave, Bronx, NY 10455
      View Details
    • $795,000
      Pending

      Bronx Triplex: Investment Opportunity

      Legal three-family property in the Longwood Historic District.
      956 E 156Th St, Bronx, NY 10455
      View Details
    • New
      $2,400,000
      0.10 Acres

      Bronx Multifamily Investment Opportunity

      Fully occupied, 21-unit building with strong cash flow.
      576 Southern Blvd, Bronx, NY 10455
      View Details
    • $2,290,000

      Commercial Land Available For Sale

      Commercial land for sale in The Bronx, NY.
      689 Beck St, Bronx, NY 10455
      View Details
    • New
      $975,000
      3,306 SF

      Bronx Two-Family Investment Property

      Well-maintained, renovated two-family property with high cash flow.
      872 East Ave, Bronx, NY 10455
      View Details
    • $1,020,000
      Pending

      Bronx Multifamily Property For Sale

      Well-maintained, renovated three-story, two-dwelling home near transportation and amenities.
      738 Elton Ave, Bronx, NY 10455
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      20,000 SF

      Bronx Industrial Space For Lease

      20,000 SF industrial space in the Bronx available for lease.
      450 Austin Pl, Bronx, NY 10455
      View Details
    • Contact for pricing
      42,069 SF

      Bronx Warehouse with Loading Docks

      186,000 SF, 5-story warehouse with loading docks and drive-ins.
      430 Southern Blvd, Bronx, NY 10455
      View Details
    • $90 SF/Yr
      27,370 SF

      Prime Bronx Retail & Office Space

      7,800 SF Available, Bronx, NY
      2929 3 Ave The, The Bronx, NY 10455
      View Details
    • $25 SF/Yr
      15,000 SF

      Prime Bronx Executive Office Space

      15,000 SF Available, Bronx, NY
      2918 3Rd Ave, Bronx, NY 10455
      View Details
    • Contact for pricing
      25,232 SF

      Bronx Executive Office Space

      10,000 SF Office, Prime Bronx Location
      2886 3Rd Ave, The Bronx, NY 10455
      View Details
    • Contact for pricing
      60,000 SF

      Prime Bronx Executive Office Space

      Spacious Suites, Bronx, NY - For Lease
      631 Bergen Ave, Bronx, NY 10455
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    671-675 Timpson Pl
    Bronx, NY 10455
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!