facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Development Site

/

Sale

/

2800 Webster Avenue

Updated Oct 13, 2026

Yonah Grunhut And Steven Westreich Acquire Development Site At 2800 And 2790 Webster Avenue For $8.6M
SOLDDevelopment Site

Yonah Grunhut And Steven Westreich Acquire Development Site At 2800 And 2790 Webster Avenue For $8.6M

2800 Webster Avenue & 2790 Webster Avenue

$8,600,000

$308/SF

Building Size

22,500 SF

Asset Type

Development Site

Closing

May 27, 2026

About this deal

AI

The transaction involved two development sites located at 2800 Webster Avenue and 2790 Webster Avenue in the Bronx. The total sale price was $8,600,000, with a per unit price of $4,300,000. The combined building square footage was 74,094, which equates to a price per building square foot of $116. The total square footage involved in the sale was 27,900, translating to a price per square foot of $308.

Summary of transaction details:

Kathy Zamechansky and David Simone represented the buyers, Yonah Grunhut and Steven Westreich, in this transaction. The seller, Nat Rickman, finalized the deal on May 28, 2026. For inquiries regarding buying, selling, or leasing space in the Bronx, contact Kathy Z or David Simone.

On the Map

Open live map

$8,600,000

$308/SF

Development Site

View full map

Players

Kathy Zamechansky

Broker

$21.8M

vol

8 deals

Broker
Steven Westreich

Steven Westreich

Grun Group

Buyer

$225.8M

vol

27 deals

Buyer

Nat Rickman

Seller

$8.6M

vol

1 deal

Seller
Bilt advertisement

Bronx Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Deal FAQ

About $308 per square foot on a published $8.6M for 27,900 square feet (2026).

Visit Kathy Zamechansky to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.84%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets