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2306 Grand Avenue

Updated Mar 19, 2026

Chaim Weiss & Israel Tishler Of Revamp Team Acquire Development Site In Bronx For $2.795M
SOLDDevelopment Site

Chaim Weiss & Israel Tishler Of Revamp Team Acquire Development Site In Bronx For $2.795M

2306 Grand Avenue

$2,795,000

$372/SF

Building Size

7,500 SF

Asset Type

Development Site

Closing

Mar 3, 2026

About this deal

AI

The property involved in this transaction is a development site located at 2306 Grand Avenue in the Bronx. The sale price for this asset was $2,795,000, with a building square footage of 25,800 and a price per building square foot of $108. The total square footage is 7,500 with a price per square foot of $372.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $2,795,000
  • Address: 2306 Grand Avenue
  • Market: Bronx
  • Building Square Footage: 25,800
  • Price per Building Square Foot: $108
  • Total Square Footage: 7,500
  • Price per Square Foot: $372
  • Buyer: Chaim Weiss & Israel Tishler - Revamp Team
  • Seller: Tarlok Sighn
  • Broker: Joel Beer

Chaim Weiss and Israel Tishler, representing the Revamp Team, are the buyers of the property, while Tarlok Sighn is the seller. Joel Beer served as the broker facilitating this transaction.

Players

Joel Beer

Broker

$2.8M

vol

1 deal

Broker

Chaim Weiss

Buyer

$2.8M

vol

2 deals

Buyer

Bronx Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $372 per square foot on a published $2.8M for 7,500 square feet (2026).

Visit Chaim Weiss to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.68%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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