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960 Rogers Place

Popaj Family Purchases Development Site From Markopoulos Family For $1.8M In Bronx
SOLDDevelopment Site

Popaj Family Purchases Development Site From Markopoulos Family For $1.8M In Bronx

960 Rogers Place

$1,800,000

$116/SF

Building Size

15,480 SF

Asset Type

Development Site

Closing

Mar 28, 2026

AI

The property involved in this transaction is a development site located at 960 Rogers Place in the Bronx. The sale price for the asset was $1,800,000, which breaks down to approximately $116 per square foot, with a total area of 15,480 square feet.

Summary of transaction details:

Key individuals in this transaction include the Popaj Family as the buyers and the Markopoulos Family as the sellers. The deal was facilitated by broker representatives Sam Schwartz, Erik Yankelovich, Shlomo Antebi, and Yosef Katz, who are associated with Atlas Realty Group.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

129 deals

Broker

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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93