Updated Jul 1, 2026
Mendel Fleischman Purchases Parking Lot In Bronx From Chaim Schweid For $9.3M
51 East 193rd Street
$9,300,000
Building Size
—
Asset Type
Parking Lot
Closing
Jun 10, 2026
About this deal
AI
A parking lot property has been purchased for $9,300,000, located at 51 East 193rd Street in the Bronx. This asset represents a specific segment of the real estate market focused on transit and storage solutions.
Summary of transaction details:
- Property Type: Parking Lot
- Transaction Amount: $9,300,000
- Buyer: Mendel Fleischman
- Seller: Chaim Schweid
- Transaction Date: 06/10/2026
- Market: Bronx
Mendel Fleischman has acquired the property from Chaim Schweid, highlighting a notable activity in the real estate market indicating a strong institutional demand for specialized assets in the outer boroughs.
On the Map
$9,300,000
Parking Lot
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Players
Bronx Parking Lot Market Snapshot
Boundary boundary · Parking Lot · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93