Jacob Stavsky And Brandon Levy Acquire Development Site In Bronx For $1,426,000
3182 Fish Avenue
$1,426,000
Building Size
—
Asset Type
Development Site
Closing
Mar 25, 2026
AI
The property involved in this transaction is a development site located at 3182 Fish Avenue in the Bronx. This asset was sold for $1,426,000, encompassing a total of 11,378 buildable square feet, which achieves a price per buildable square foot of $125.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,426,000
- Buyers: Jacob Stavsky & Brandon Levy
- Seller: Pirooz Soltanizadeh
- Broker: Joshua Malekan - Bridge Advisory Group
- Building Square Feet: 11,378
- Price per Buildable Square Foot: $125
Joshua Malekan from Bridge Advisory Group represented the seller in this transaction. The successful completion of the deal is indicative of the high demand for property in The Bronx, reflecting the company's expertise in positioning assets and finding the right buyers. Bridge Advisory Group actively engages in the Bronx real estate market, showcasing their commitment to client service and market knowledge.
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
11.12%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93