Updated Sep 23, 2026
Yoel Grunblatt Acquires Industrial Property From The Mavros Family For $2.675M In Bronx
2520 Park Avenue
$2,675,000
$305/SF
Building Size
8,750 SF
Asset Type
Industrial
Closing
Sep 15, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 2520 Park Avenue in the Bronx, with a sale price of $2,675,000. The total square footage of the asset is 8,750, resulting in a price per square foot of $305.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $2,675,000
- Address: 2520 Park Avenue
- Market: Bronx
- Square Footage: 8,750
- Price Per Square Foot: $305
- Buyer: Yoel Grunblatt
- Seller: The Mavros Family
- Buyer's Representative: Eitan Agbashoff - Greiner-Maltz Real Estate
- Seller's Representatives: Luca DiCiero & Faisal Gilani - NY Space Finders
The deal features key participants including Yoel Grunblatt as the buyer and The Mavros Family as the seller. Eitan Agbashoff represents the buyer through Greiner-Maltz Real Estate, while the seller is represented by Luca DiCiero and Faisal Gilani from NY Space Finders.
On the Map
$2,675,000
$305/SF
Industrial
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Players
Bronx Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.93%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93