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3182 Fish Avenue

Jacob Stavsky And Brandon Levy Acquire Development Site In Bronx For $1,426,000
SOLDDevelopment Site

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

Joshua Malekan

Bridge Advisory Group

Broker

$137.8M

vol

39 deals

Broker
Jacob Stavsky

Jacob Stavsky

Buyer

$175.2M

vol

29 deals

Buyer

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