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    Property profile & analytics

    720 231st St Bronx, NY 10463-1004

    • Investment properties
    • 23,048 SF
    • 5.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 04, 2023
    Location Intelligence
    Property ID
    US63-2758899
    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

    • Elena Davis Crespo / Residents Association

    Property Details for 720 231st St

    Year built
    1936
    Lot size
    5.28 lot acres
    Property size
    23,048 SF
    Zone code
    R1-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    05750-0382
    APU
    57500382

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9188
    Latitude
    40.8838
    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
    $372,299
    $1,876,620
    $1,638,290
    $3,514,910
    -
    $5,359,000
    $4,722,000
    $10,081,000

    Comparable in this City

    • Value Estimation by Request
      3,506 SF

      32 Marble Hl Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,506 SF
      32 Marble Hl Ave, Bronx, NY 10463-6902
      View Details
    • Value Estimation
      $350,000
      3,540 SF

      3936 Bailey Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,540 SF
      3936 Bailey Ave, Bronx, NY 10463-2701
      View Details
    • Value Estimation
      $445,000
      3,888 SF

      5590 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,888 SF
      5590 Broadway, Bronx, NY 10463-5519
      View Details
    • Value Estimation
      $300,000
      2,092 SF

      5616 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,092 SF
      5616 Broadway, Bronx, NY 10463-5598
      View Details
    • Value Estimation
      $310,000
      6,678 SF

      3655 Johnson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,678 SF
      3655 Johnson Ave, Bronx, NY 10463-1645
      View Details
    • Value Estimation
      $530,000
      4,680 SF

      3580 Netherland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,680 SF
      3580 Netherland Ave, Bronx, NY 10463-1672
      View Details

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    Similar Nearby for Lease

    • $468 /Mo
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    • $25,000
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      1,000 SF

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      1,000 SF retail space in a top NYC corridor.
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    • $3,500 /Mo

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      1,000 Sq.Ft office space ideal for medical, lawyer, CPA.
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      789 SF

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      Retail space available in Riverdale's busiest pedestrian corridor.
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      3,080 SF retail space for rent in Bronx, NY.
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      View Details
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    720 231st St
    Bronx, NY 10463-1004
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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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