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185 Mcclellan Street

Walter Wilfinger Acquires 123,000 Square Foot Mixed-Use Property In Bronx For $7.74M
SOLDMixed-use

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.

Players

Walter Wilfinger

Buyer

$11.7M

vol

2 deals

Buyer

Aida Spitzer

Seller

$11.7M

vol

2 deals

Seller

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