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    Property profile & analytics

    871 Concourse W Vlg Bronx, NY 10451

    • Investment properties
    • 4,700 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $1,695,000
    Last Sale
    Jul 17, 2023
    $1,825,000
    Location Intelligence
    Property ID
    US63-3956673
    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

    • Investment properties

    Property Details for 871 Concourse W Vlg

    Year built
    1931
    Lot size
    0.05 lot acres
    Property size
    4,700 SF
    Zone code
    C6-2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    02459-0046
    APU
    24590046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,615,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,985,000
      6.5%
      $1,970,000
      7%
      $1,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,980,000
      Geo Method
      $1,705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,730,000
      Retail
      $1,920,000
      Mixed-Use
      $1,665,000
      Hospitality
      $1,720,000
      Educational
      $2,015,000
      Residential Income
      $2,105,000
      Energy
      $2,180,000
      Income-Based Land
      $1,800,000
      Food Service
      $2,105,000

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9216
    Latitude
    40.8263
    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
    $55,481
    $225,000
    $319,590
    $544,590
    -
    $500,000
    $664,000
    $1,164,000

    Comparable in this City

    • Value Estimation
      $410,000
      4,465 SF

      3110 3rd Ave

      STORE/OFFICE (MIXED USE) • 4,465 SF
      3110 3rd Ave, Bronx, NY 10451-4606
      View Details
    • Value Estimation
      $685,000
      7,500 SF

      2503 3rd Ave

      STORE/OFFICE (MIXED USE) • 7,500 SF
      2503 3rd Ave, Bronx, NY 10451-6323
      View Details
    • Value Estimation
      $1,140,000
      8,260 SF

      618 Morris Ave

      STORE/OFFICE (MIXED USE) • 8,260 SF
      618 Morris Ave, Bronx, NY 10451-4704
      View Details
    • Value Estimation
      $355,000
      4,916 SF

      3075 3rd Ave

      STORE/OFFICE (MIXED USE) • 4,916 SF
      3075 3rd Ave, Bronx, NY 10451-4628
      View Details
    • Value Estimation
      $1,945,000
      9,335 SF

      334 Walton Ave, Unit 340

      STORE/OFFICE (MIXED USE) • 9,335 SF
      334 Walton Ave, Bronx, NY 10451-5413
      View Details
    • Value Estimation
      $1,030,000
      8,000 SF

      310-312 149th St

      STORE/OFFICE (MIXED USE) • 8,000 SF
      310-312 149th St, Bronx, NY 10451
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,760 SF

      Bronx Mixed-Use Investment Opportunity

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      Three-story mixed-use building in the Melrose section of the Bronx.
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    • $2,350,000
      5,857 SF

      Bronx Mixed-Use Investment

      Fully occupied, high-return building.
      598 Grand Concourse The, The Bronx, NY 10451
      View Details
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      Grand Concourse Apartment For Sale

      Apartment building available in The Bronx, New York.
      1020 The, Bronx, NY 10451
      View Details
    • $490,000

      Grand Concourse Apartment For Sale

      Apartment located at 1020 Grand Concourse, The Bronx, NY
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      View Details
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      Executive Towers Apartment on Grand Concourse

      Apartment in well-kept building with doorman and included utilities.
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    Similar Nearby for Lease

    • $76 SF/Yr
      550 SF

      South Bronx Cafe Space For Lease

      Turnkey cafe, Mott Haven, 550 sq ft.
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      View Details
    • $21 SF/Yr
      8,750 SF

      Bronx Warehouse: 8,750 SF

      Spacious Bronx warehouse, ideal for various uses.
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      View Details
    • $45 SF/Yr
      2,600 SF

      Mott Haven Medical Office Building

      Fully built-out medical office space available.
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      View Details
    • Contact for pricing
      7,500 SF

      Former Retail Space Available

      Retail space with heavy foot traffic near public transportation.
      514 E 163Rd St, Bronx, NY 10451
      View Details
    • $8,500 /Mo
      1,100 SF

      Prime Retail Space Available

      Highly visible retail space on a prime corridor with foot traffic.
      306 E 149Th St, Bronx, NY 10451
      View Details
    • $13,458 /Mo
      8,500 SF

      Rider Avenue Flex Space Available

      Flex space with passenger and freight elevators for rent.
      270-276 Rider Ave, Bronx, NY 10451
      View Details
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    Bronx, NY 10451
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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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