Updated Apr 24, 2026
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
About this deal
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:
- Property Type: Development Site
- Transaction Amount: $1,800,000
- Address: 960 Rogers Place
- Market: Bronx
- Square Footage: 15,480
- Price Per Square Foot: $116
- Buyer: Popaj Family
- Seller: Markopoulos Family
- Broker Representatives: Sam Schwartz, Erik Yankelovich, Shlomo Antebi & Yosef Katz - Atlas Realty Group
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.
On the Map
$1,800,000
$116/SF
Development Site
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Players
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