Updated Sep 4, 2025
Max Orlofsky Purchases Development Site From Fuertes Family In Bronx For $730,000
2419 Southern Boulevard
$730,000
$73/SF
Building Size
9,904 SF
Asset Type
Development Site
Closing
Aug 25, 2025
About this deal
AI
A development site located at 2419 Southern Boulevard in the Bronx was sold for $730,000. The property spans a building square footage of 9,904, resulting in a price per building square foot of $73.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $730,000
- Buyer: Max Orlofsky
- Seller: Fuertes Family
- Broker: Eddie Hila - Hillstone Properties NY
Max Orlofsky is the buyer of the development site, while the seller is the Fuertes Family. Eddie Hila, representing Hillstone Properties NY, facilitated the transaction on behalf of the buyer.
On the Map
$730,000
$73/SF
Development Site
View full map
Players
Bronx Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Eduard (Eddie) Hila to view all their deals.
Browse Bronx development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
21.73%
Cash-on-Cash
-6.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93