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Property profile & analytics
FOR LEASE
Warehouses
845 East 136Th St, Bronx, NY 10454
Entity Owned
~
Est. High Equity
Property ID
US63-5199554
For Lease
$20,630,000
845 East 136Th St, Bronx, NY 10454
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1929
Total area
88,000 SF
Lot
1.28 ac (55,757 SF)
Zoning code
M3-1
APN
02588-0033
UPID
US63-5199554
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
$27.97M
Blend (final)
Blend
$20.63M
Owner & transaction history
845 E 136th St, LLC
845 E 136th St, LLC
since 2025
Last sale
$21.7M
7 recorded transactions
Zoning & alternative use
M3-1 · 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
$21,895,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$34,110,000
Current use
INDUSTRIAL (GENERAL)
$32,700,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$32,095,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$20.63M
Range $18.57M – $22.69M · ±10% · vs last sale $21.70M (Dec 22 2025)
Last sale anchor
$21.70M
Dec 22 2025
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
$234 / 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
$332,123
Tax year 2024
Assessed value
$3,135,600
Assessed 2024
Previous assessed
$2,981,250
+5.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$288,450
Assessed improvement
$2,847,150
Land market value
$641,000
Improvement market value
$6,902,000
Total market value
$7,543,000
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1929
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
88,000 SF
Lot
1.28 ac (55,757 SF)
Zoning code
M3-1
APN
02588-0033
UPID
US63-5199554
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M3-1 · Bronx, NY
Zoning M3-1 · permitted uses
M3-1 · 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
WAREHOUSE, STORAGE Current
Est. value
$34.1M
INDUSTRIAL (GENERAL)
Est. value
$32.7M
OFFICE BUILDING
Est. value
$32.1M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1929
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
1.28 ac
Current owner
From public records · entity-resolved
845 E 136th St, LLC
Entity
Mailing address
250 VESEY ST FL #15, NEW YORK, NY 10281-1065
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
$21,700,000
845 E 136th St, LLC
Bsrep III 845 E 136th Street LLC
Deed
—
Aug 13, 2021
—
Bsrep III 845 E 136th Street LLC
—
Deed
related
$19,833,606 · Teachers Insurance And Annuity
Dec 18, 2020
$27,900,000
Bsrep III 845 E 136th Street L
845 East 136 Property LLC
Grant Deed
—
Aug 25, 2017
$19,086,600
845 East 136 Property LLC
Tuck-it-away Associates-port Morris
Deed
$7,762,092 · East West Bank
Aug 25, 2017
—
845 East 136 Property LLC
—
Loan Modification, Consolidation And Extension
related
$11,778,457 · East West Bk
Jan 26, 2012
—
Elrene Realty LLC
New York City Indl Dev Agcy
Grant Deed
—
Jan 26, 2012
$5,375,000
Tuck- It-away Associates-port
Elrene Realty LLC
Grant Deed
—
Mar 27, 2001
—
Elrene Realty Co
New York City Industrial Dev
Grant Deed
$900,000 · Merchants Bank Of New York
—
—
Tuck-it-away Assocs-port Morri
—
Deed Of Trust
related
$1,799,999 · Qia Corp
—
—
Tuck-it-away Assocs-port Morri
—
Deed Of Trust
related
$4,300,000 · Manufacturers & Traders Trust
—
—
Elrene Realty Co
—
Deed Of Trust
related
$900,000 · Merchants Bank Of New York
—
—
New York City Indl Dev Agency
—
Deed Of Trust
related
$2,396,250 · Valley National 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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