Walter Wilfinger Acquires 123,000 Square Foot Mixed-Use Property In Bronx For $7.74M
185 Mcclellan Street
$7,735,000
$62/SF
Building Size
123,000 SF
Asset Type
Mixed-use
Closing
Apr 29, 2026
AI
Walter Wilfinger has acquired a mixed-use property at 185 McClellan Street located in the Concourse Village neighborhood of the Bronx. The transaction was completed for a total of $7,735,000, with the property encompassing 123,000 square feet, resulting in a price per square foot of approximately $63.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,735,000
- Address: 185 McClellan Street
- Market: Concourse Village, Bronx
- Square Footage: 123,000
- Price per Square Foot: $63
- Buyer: Walter Wilfinger
- Seller: Aida Spitzer - Annal Management
- Transaction Date: April 29, 2026
Aida Spitzer of Annal Management represented the seller in this transaction, facilitating the transfer of ownership to Walter Wilfinger. The deal underscores the active real estate market within the Bronx.
Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.05%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93