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Michael Chang Acquires Retail Property At 2573 Decatur Avenue Bronx For $1M With Cushman & Wakefield

Property Image
SOLD
$1,000,000
Austin Weiner
Josh Neustadter
Jonathan Squires
+ 2

New York

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Retail2,065 SF
Sold 12/21/2025
the dealplayerscompscontact
Property Image
SOLD

Michael Chang Acquires Retail Property At 2573 Decatur Avenue Bronx For $1M With Cushman & Wakefield

2573 Decatur Avenue

See Similar Deals
Retail2,065 SF
Sold 12/21/2025
Austin Weiner
Josh Neustadter
Jonathan Squires
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$484
Total Square Footage:2,065 SF
Transaction Type:Sale

This retail asset located at 2573 Decatur Avenue in the Bronx has a sale price of $1,000,000. The property encompasses a total area of 2,065 square feet, which translates to a price per square foot of $484.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,000,000
  • Address: 2573 Decatur Avenue
  • Market: Bronx
  • Square Footage: 2,065
  • Price Per Square Foot: $484
  • Buyer: Michael Chang
  • Seller: Provident Loan Society of New York
  • Brokers: Jonathan Squires, John Ciraulo, Josh Neustadter & Austin Weiner - Cushman & Wakefield

Michael Chang is the buyer of the property, while the seller is Provident Loan Society of New York. The brokerage firm involved in this transaction is Cushman & Wakefield, represented by Jonathan Squires, John Ciraulo, Josh Neustadter, and Austin Weiner.

Players

John Ciraulo
Cushman & Wakefield
John Ciraulo
47 deals$732.2M volume(212) 660-7700
BROKER
Josh Neustadter
Cushman & Wakefield
Josh Neustadter
60 deals$545.5M volume(212) 660-7739
BROKER
Jonathan Squires
Cushman & Wakefield
Jonathan Squires
93 deals$712.3M volume(917) 445-0022
BROKER
Austin Weiner
Cushman & Wakefield
Austin Weiner
37 deals$281.6M volume
BROKER
MC
Michael Chang
3 deals$11M volume
BUYER

Details

SOLD
IMAGE: John Ciraulo, Jonathan Squires, Josh Neustadter & Austin Weiner DATE: 02/25/2025 ADDRESS: 2573 Decatur Avenue MARKET: Bronx ASSET TYPE: Retail BUYER: Michael Chang SELLER: Provident Loan Society of New York BROKERS: Jonathan Squires, John Ciraulo (@JohnCiraulo), Josh Neustadter (@Josh_Neust) & Austin Weiner (@AustinWeiner) - Cushman & Wakefield (@CushWake) SALE PRICE: $1,000,000 SF: 2,065 ~ PPSF: $484

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
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