1121 Morris ParkBronx, NY 10461

  • Office properties
  • 4,730 SF
For Lease
$45/SF/YR View listing

Property Details for 1121 Morris Park

Year built
1957
Lot size
0.11 AC
Property size (Sq ft)
4,730 SF
Zone code
R4
Property type
Office properties
Property subtype
Office buildings
APN
04132-0039
APU
41320039

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $782,010
    6.5%
    $721,856
    7%
    $670,294
  • Comparable approach

    Method
    Valuation
    Method 1
    $618,022
    Method 2
    $618,022
  • Alternative Use

    Use
    Valuation
    Residential
    $895,101
    Hospitality
    $819,908
    Educational
    $682,154
    Medical
    $705,614
    Retail
    $1,061,128
1121 Morris Park, Bronx, New York

Location Insight

City
Bronx
County
Bronx
State
New York
Latitude
40.8502
Longitude
-73.8522
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $456,480
  • Assessed land value
    $78,750
  • Assessed value
    $535,230
  • Tax year
    2024
  • Tax bill
    $49,952

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