2559 MorrisBronx, NY 10468

  • Investment properties
  • 1,250 SF
Off market
$87,120 Estimated

Property Details for 2559 Morris

Year built
1931
Lot size
0.01 AC
Property size (Sq ft)
1,250 SF
Zone code
M14R7A
Property type
Investment properties
Property subtype
Retail residential properties
APN
02333-0025
APU
23330025

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $235,617
    6.5%
    $217,493
    7%
    $201,958
  • Comparable approach

    Method
    Valuation
    Relative Method
    $166,592
    Geo Method
    $166,592
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $425,649
    Retail / Commercial
    $218,271
    Hospitality / Lodging
    $159,567
    Office
    $216,201
    Institutional / Educational
    $226,105
    Residential Income
    $264,543
    Multifamily
    $317,278
    Automotive / Energy
    $193,804
    Parking / Income-Based Land
    $66,879.40
    Restaurant / Food Service
    $113,120
    Healthcare / Senior Housing
    $223,035

Location Insight

City
Bronx
County
Bronx
State
New York
Latitude
40.8116
Longitude
-73.9271
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
$9,199
$13,500
$73,620
$87,120
-
$30,000
$163,000
$193,000

FAQs

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