SOLDMixed-use
Parlanti Group Acquires Mixed-Use Property With 63 Units In Bronx From Oppenheimer Family For $5.25M
2055 Creston Avenue
$5,250,000
$104/SF
Building Size
50,049 SF
Asset Type
Mixed-use
Closing
Sep 23, 2026
About this deal
AI
The property involved in the transaction is a mixed-use asset located at 2055 Creston Avenue in the Bronx. This asset comprises 56 apartments and 7 stores, with a total of 63 units. The sale price of the property was $5,250,000, which equates to a price per unit of $83,333. The building has a total square footage of 50,049, resulting in a price per square foot of $104.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $5,250,000
- Units: 63
- Price Per Unit: $83,333
- Square Feet: 50,049
- Price Per Square Foot: $104
- Buyer: Parlanti Group
- Seller: Oppenheimer Family
- Brokers: Zachary Fuchs - GFI Realty Services
- Date of Sale: 09/23/2026
The buyer, Parlanti Group, is represented by Zachary Fuchs from GFI Realty Services in this transaction. The seller is the Oppenheimer Family, involved in the deal on the opposing side of the negotiation.
On the Map
$5,250,000
$104/SF
Mixed-use
View full map
Players
Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Weiser 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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93