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1342 Inwood Avenue

Aron Gittleson & Allen Weinstein Of CDK Capital Provide $9,250,000 Loan For Development Site In Bronx
FINANCEDDevelopment Site

Aron Gittleson & Allen Weinstein Of CDK Capital Provide $9,250,000 Loan For Development Site In Bronx

1342 Inwood Avenue

$9,250,000

$164/SF

Building Size

56,250 SF

Asset Type

Development Site

Closing

Apr 23, 2026

AI

The property asset involved in the transaction is located at 1342 Inwood Avenue, Bronx, and is characterized as a development site with a total square footage of 56,250 and a buildable square footage of 139,742. The loan amount secured for this acquisition is $9,250,000.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $9,250,000
  • Market: Bronx
  • Lender: Aron Gittleson & Allen Weinstein - CDK Capital
  • Landlord: Sam Rubin
  • Loan Type: Acquisition

Key individuals involved in this deal include lenders Aron Gittleson and Allen Weinstein, representing CDK Capital, who facilitated the financing for the acquisition. The landlord of the property is Sam Rubin, who retains ownership of the site involved in this transaction.

Players

CC
CDK CapitalLender

Sam Rubin

Landlord

$14.4M

vol

5 deals

Landlord

Bronx Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93