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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Retail residential properties
788 Fairmount Pl Bronx, NY 10460-4127
Entity Owned
4-yr Hold
Property ID
US63-3533474
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2022
Total area
22,332 SF
Lot
0.12 ac (5,407 SF)
Zoning code
R7-1
APN
02954-0021
UPID
US63-3533474
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
$1.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
461 E 186 LLC · 4 yrs held
461 E 186 LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
R7-1 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,575,000
ML approach
$1,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10% · vs last sale $1.45M (Nov 22 2021)
Last sale anchor
$1.45M
Nov 22 2021
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
$66 / 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
$130,209
Tax year 2024
Assessed value
$1,041,507
Assessed 2024
Previous assessed
$58,026
+1,694.9% YoY
Effective rate
12.50%
On assessed value
Assessed land
$92,457
Assessed improvement
$949,050
Land market value
$435,000
Improvement market value
$2,109,000
Total market value
$2,544,000
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
2022
Heating
NONE
Buildings
1
Stories
7
Units
24
Total area
22,332 SF
Lot
0.12 ac (5,407 SF)
Zoning code
R7-1
APN
02954-0021
UPID
US63-3533474
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.
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
7
Buildings
1
Units
24
Lot
0.12 ac
Current owner
From public records · entity-resolved
461 E 186 LLC
Entity
Mailing address
1656 TOMLINSON AVE, BRONX, NY 10461-1529
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
461 E. 186 LLC
—
Deed
related
$1,150,000 · Bayportfunding LLC
Apr 20, 2022
—
461 E. 186 LLC
—
Deed
related
$4,200,000 · Northeast Community Bank
Nov 22, 2021
$1,450,000
461 E 186 LLC
788 Fairmount Corp.
Deed
—
Mar 11, 2019
—
788 Fairmount Corp
788 Fairmount Corp
Quit Claim Deed
related
—
May 11, 2017
$735,000
788 Fairmount Corp
Jsm Stars LLC
Grant Deed
—
Dec 2, 2014
$750,000
Jsm Stars LLC
Saraco Group LLC
Deed
$550,000 · Bayport Funding LLC
Nov 18, 2013
$220,000
Saraco Group LLC
Toribio,rafael & Genoveva
Grant Deed
—
Sep 16, 1996
—
Genoveva Toribio
Ramos,sonia
Grant Deed
related
—
—
—
Rafael Toribio
—
Deed Of Trust
related
$123,800 · Cit Group Consumer Finance INC
—
—
Rafael Toribio
—
Deed Of Trust
related
$160,000 · Delta Funding
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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