Updated Nov 4, 2026
631 Bergen Avenue
631 Bergen Avenue
$9,200,000
Building Size
—
Asset Type
Development Site
Closing
Jul 17, 2026
About this deal
AI
The property involved in this transaction is a development site located at 631 Bergen Avenue in Woodstock, Bronx. The sale price for the property was $9,200,000, with a building square footage of 91,000 and a price per building square foot of $101.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $9,200,000
- Building Square Footage: 91,000
- Price Per Building Square Foot: $101
- Buyer: Joe Stein
- Seller: A&H Acquisitions Corp
- Brokers: Jonah Corney & Mark Steinmetz - Rosewood Realty Group
- Transaction Date: 10/28/2026
This transaction was facilitated by brokers Jonah Corney and Mark Steinmetz, who represent Rosewood Realty Group in the deal. Their involvement was crucial in bringing together the buyer, Joe Stein, and the seller, A&H Acquisitions Corp, for this property transaction.
On the Map
$9,200,000
Development Site
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Bronx Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93