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802 Westchester Avenue

Brandon Levy & Jacob Stavsky Acquire Development Site In Bronx For $610,000 From Naftali Friedman
SOLDDevelopment Site

Brandon Levy & Jacob Stavsky Acquire Development Site In Bronx For $610,000 From Naftali Friedman

802 Westchester Avenue

$610,000

$227/SF

Building Size

2,678 SF

Asset Type

Development Site

Closing

Jun 24, 2026

AI

The asset involved in this transaction is a development site located at 802 Westchester Avenue in the Bronx. The sale price was $610,000, with a building square footage of 8,034 and a price per building square foot of $75. The site also has a total square footage of 2,678, resulting in a price per square foot of $227.

Summary of transaction details:

The deal was facilitated by Brandon Levy and Jacob Stavsky, who acted as buyers in this transaction. Naftali Friedman represented the seller. This transaction reflects the direct participation of these individuals in the property market, focused on development opportunities in the Bronx.

Players

Jacob Stavsky

Buyer

$175.8M

vol

30 deals

Buyer

Naftali Friedman

Seller

$610K

vol

1 deal

Seller

Market Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

26.00%

Cash-on-Cash

-7.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93