Development Site At 114 Bruckner Boulevard Sells For $7 Million In Mott Haven
114 Bruckner Boulevard
$7,000,000
Building Size
—
Asset Type
Development Site
Closing
Nov 11, 2025
AI
The property asset involved in this transaction is a development site located at 114 Bruckner Boulevard in the Mott Haven area of South Bronx. The sale price was $7,000,000, and the site has a building square footage (BSF) of 57,190, which results in a price per building square foot (PPBSF) of $123.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $7,000,000
- Address: 114 Bruckner Boulevard
- Market: Mott Haven, South Bronx
- BSF: 57,190
- PPBSF: $123
The individuals representing the broker in this transaction are Jason M. Gold and Gabriel Elyaszadeh from Ariel Property Advisors. Jason can be reached at [email protected] or at 212.257.1822, while Gabriel's contact is [email protected] and his phone number is 646.993.0819. This deal marks the sixth property sold on Bruckner Blvd, and they are also marketing similar development sites in the area and throughout the Bronx.
Players
Bronx Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93