Financial
Distress signals
Property profile

985 Bronx River Ave Bronx, NY 10473

FOR LEASE
Auto shops
Property ID
US63-5718726
500 SF 0.24 ac lot Built 1950
Last sale Jan 2019 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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985 Bronx River Ave, Bronx, NY 10473 For Lease
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985 Bronx River Ave, Bronx, NY 10473
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Property summary

AI-generated overview

This exceptional 10,515 square foot commercial land parcel presents a unique investment opportunity in the Bronx, New York. Located at 985 Bronx River Avenue, this single-tenant vacant lot boasts high visibility and significant frontage. The property features 130 feet of frontage, providing excellent exposure for any development. The zoning designation is M1-1, offering a range of potential uses. The lot's size and location make it ideal for a variety of commercial ventures. With its

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$125k
Assessed land$125k
Effective rate10.59%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$728/SF
Submarket average, outlier-cleaned · 150 recorded sales of this use type
Observed band · Q1–Q3$271 – $1,486

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
JurisdictionBRONX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency337.2
Law Firm220.8
Building Supply203.7

Location

985 Bronx River Ave Bronx, NY 10473
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Thieriot, Bronx, NY 10473 $54,500,000 May 2025 No data
968 Close, Bronx, NY 10473 $4,000,000 Oct 2024 1,750 SF
500 Zerega, Bronx, NY 10473-1213 $21,000,000 Nov 2022 4,200 SF
470 Zerega, Bronx, NY 10473 $21,000,000 Nov 2022 8,600 SF
300 Soundview, Bronx, NY 10473-3020 $850,000 Oct 2021 2,727 SF
260 Soundview, Bronx, NY 10473 $200,000 Aug 2021 1,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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