Yonah Grunhut Acquires Development Site At 623 East 178th Street From Idrissa Kone For $6M

The property asset involved in this transaction is a development site located at 623 East 178th Street in the Bronx. The sale was completed on November 10, 2025, for a total price of $6,000,000. The building contains 60,331 square feet, and the price per square foot is $99. The total building square footage (BSF) is 67,320, resulting in a price per building square foot (PPBSF) of $89.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,000,000
• Buyer: Yonah Grunhut
• Seller: Idrissa Kone
• BSF: 67,320
• PPBSF: $89
• SF: 60,331
• PPSF: $99

This transaction involved Yonah Grunhut as the buyer and Idrissa Kone as the seller, marking a significant exchange within the local real estate market. Both parties played crucial roles in finalizing this deal, contributing to the ongoing development dynamics in the Bronx.