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2359 2371 Grand Concourse

Updated Oct 14, 2026

Adam Goodstein Of Seastone Capital And David Green Of DSG Equities Acquire Mixed-Use Asset For $3.8M
SOLDMixed-use

Adam Goodstein Of Seastone Capital And David Green Of DSG Equities Acquire Mixed-Use Asset For $3.8M

2359 2371 Grand Concourse

$3,800,000

$179/SF

Building Size

21,176 SF

Asset Type

Mixed-use

Closing

Aug 28, 2025

About this deal

AI

The asset involved in this transaction is a mixed-use property located at 2359-2371 Grand Concourse in the Bronx. The sale price of the property was $3,800,000, encompassing a total of 27 units. The property's square footage is 21,176, resulting in a price per unit of $140,741 and a price per square foot of $179.

Summary of transation details:

Adam Goodstein from Seastone Capital and David Green from DSG Equities are known to be actively seeking value-add multifamily, retail, and mixed-use deals throughout the five boroughs, reflecting their investment strategy and market engagement.

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$3,800,000

$179/SF

Mixed-use

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Players

Michael Fusco

Marcus & Millichap

Broker

$608.3M

vol

97 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

David Green

DSG Equities

Buyer

$5.3M

vol

2 deals

Buyer

Alexis Baez

Seller

$10.3M

vol

1 deal

Seller
Bilt advertisement

Bronx Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $179 per square foot on a published $3.8M for 21,176 square feet (2025).

Visit Michael (Mike) Fusco to view all their deals.

Browse Bronx mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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