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2092 Grand Concourse

Cojab Family Sells Development Site At 2092 Grand Concourse Bronx For $9.45M
SOLDDevelopment Site

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:

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

Elli Khafizov

Atlas Realty Group

Broker

$52.4M

vol

11 deals

Broker

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