Updated Nov 9, 2026
Yanky Indig Of Indigo Developers Acquires Specialty Building In Bronx For $8.2M
1925 Grand Concourse
$8,200,000
$626/SF
Building Size
13,100 SF
Asset Type
Special Purpose
Closing
Oct 6, 2026
About this deal
AI
The property asset involved in this transaction is a special purpose building located at 1925 Grand Concourse in the Mt Hope neighborhood of the Bronx. The sale price for this asset was $8,200,000, and it spans 13,100 square feet, equating to a price per square foot of $626.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $8,200,000
- Buyer: Yanky Indig - Indigo Developers
- Seller: New Covenant Christian
- Sale Date: 10/06/2026
- Square Footage: 13,100
- Price Per Square Foot: $626
The key individuals involved in this transaction include Yanky Indig, representing Indigo Developers as the buyer, and representatives from New Covenant Christian as the seller. Indigo Developers intends to pursue ground-up development on this acquired specialty building.
On the Map
$8,200,000
$626/SF
Special Purpose
View full map
Grant Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Sale transactions
Loading comparables…
Deal FAQ
Visit Indigo Developers to view all their deals.
Browse Grant special purpose sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93