Fushaj Family Purchases Development Site From Amit Ben Harosh For $2.35M In Bronx
Woodycrest Avenue
$2,350,000
$398/SF
Building Size
5,900 SF
Asset Type
Development Site
Closing
Jul 31, 2025
AI
The asset involved in this transaction is a development site located at 1008-1010 Woodycrest Avenue in the Bronx. The sale was completed for a total amount of $2,350,000, reflecting a price per buildable square foot of $115. The site has a total square footage of 5,900, with a price per square foot of $398.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,350,000
- Address: 1008-1010 Woodycrest Avenue
- Market: Bronx
- Building Square Feet (BSF): 20,296
- Price per Building Square Feet (PPBSF): $115
- Square Feet (SF): 5,900
- Price per Square Foot (PPSF): $398
- Buyer: Fushaj Family
- Seller: Amit Ben Harosh
- Broker: Eddie Hila - Hillstone Properties NY
In this transaction, Eddie Hila from Hillstone Properties NY represented both the seller and the buyer, marking a successful collaboration in facilitating the sale. For inquiries regarding similar opportunities, interested parties are encouraged to reach out to Eddie Hila directly at 347-444-6487 or via email at [email protected].
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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93