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1325 Boston Road, Bronx, NY...

Updated Mar 7, 2025

Bilt advertisement
Joseph Yunason & Danielle Ben-Ishay Acquire Bronx Development Site For $3.5M
SOLDDevelopment Site

Joseph Yunason & Danielle Ben-Ishay Acquire Bronx Development Site For $3.5M

1325 Boston Road, Bronx, NY, USA

$3,500,000

$33/SF

Building Size

105,000 SF

Asset Type

Development Site

Closing

Apr 29, 2019

About this deal

AI

1325 Boston Road and 1330 Clinton Avenue, located in the Bronx, have been sold in a recent transaction. The development site was purchased by Joseph Yunason and Danielle & Ronnie Ben-Ishay from seller Billy Schur. The deal was facilitated by brokers Kathy Zamechansky of KZA Realty Group and Gavriel Katan. The sale price for the property was $3,500,000, with a buildable square footage of 105,000. The price per buildable square foot was $33.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $3,500,000
  • Seller: Billy Schur
  • Buyer: Joseph Yunason & Danielle & Ronnie Ben-Ishay - JLD Advisory
  • Broker: Kathy Zamechansky - KZA Realty Group
  • Broker: Gavriel Katan
  • Buildable Square Footage: 105,000

Kathy Zamechansky and Gavriel Katan played a crucial role in representing the buyer and seller in this transaction. The deal signifies the successful collaboration between Joseph Yunason, Danielle & Ronnie Ben-Ishay, Billy Schur, and the brokerage firms involved.

Players

Gabi Katan

REDA Group

Broker

$8.1M

vol

3 deals

Broker
JA
JLD AdvisoryBuyer

New York Development Site Market Snapshot

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Deal FAQ

About $33 per square foot on a published $3.5M for 105,000 square feet (2019).

Visit Kathy Zamechansky to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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