Cojab Family Sells Development Site At 2092 Grand Concourse Bronx For $9.45M
2092 Grand Concourse
$9,800,000
$658/SF
Building Size
14,882 SF
Asset Type
Development Site
Closing
Apr 29, 2025
AI
The property asset involved in this transaction is a development site located at 2092 Grand Concourse in the Bronx. The sale price is $9,450,000, featuring 89,590 buildable square feet (BSF) and a price per buildable square foot (PPBSF) of $105. The site encompasses a total square footage of 14,882 square feet (SF), with a price per square foot (PPSF) of $635.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $9,450,000
- Address: 2092 Grand Concourse
- Market: Bronx
- Seller: Cojab Family
- Brokers: Yosef Katz, Shlomo Antebi, Erik Yankelovich, Elli Khafizov & Aaron Heideman - Atlas Realty Group
- Buildable Square Feet (BSF): 89,590
- Price per Buildable Square Foot (PPBSF): $105
- Total Square Footage (SF): 14,882
- Price per Square Foot (PPSF): $635
The individuals involved in this deal include brokers Yosef Katz, Shlomo Antebi, Erik Yankelovich, Elli Khafizov, and Aaron Heideman, who represent the seller, Cojab Family, during the transaction. This team from Atlas Realty Group facilitated the sale of the property as part of their brokerage responsibilities.
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
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93