Updated May 22, 2025
Andrea Gjini Acquires Development Site At 205 West 230th Street Bronx For $11.5M
205 West 230th Street
$11,500,000
$103/SF
Building Size
111,520 SF
Asset Type
Development Site
Closing
May 19, 2025
About this deal
AI
The development site located at 205 West 230th Street in the Bronx has been sold for $11,500,000. This transaction involved a total area of 111,520 square feet, equating to a price per square foot of $103.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $11,500,000
- Address: 205 West 230th Street
- Market: Bronx
- Square Footage: 111,520
- Price per Square Foot: $103
- Buyer: Andrea Gjini
Andrea Gjini is the buyer involved in this transaction, marking a significant acquisition within the market. No other parties in the deal have been disclosed in the provided information.
On the Map
$11,500,000
$103/SF
Development Site
View full map
Players
Bronx Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93