99 Unit Development Site Bronx

$7,700,000 Development Site Off-Market
Price$7,700,000
Price / SF$114
Building SF67,300
Lot50x100
Units99
Asset TypeDevelopment Site
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Investment Highlights

266 & 262 E 202 Street Bronx, NY + Air rights from 254 E 202 St

Bronx 67.3ksqFt buildable with approved plans for 99 units development normal sale owner asking $7.70m negotiable ($114psft)
Ask me for access to full DATA ROOM: https://drive.google.com/drive/folders/1Cq8dV0TSfCEAfW616Wl9NtMcutyQhHdS?usp=drive_link

Location

📍 Bronx

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Who finances deals like this

The lenders with the most recorded development site mortgages since 2021, from public ACRIS filings.

  1. Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
  2. S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
  3. G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
  4. Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
  5. S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
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Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.

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Yaniv Grinberg
  • Yaniv Grinberg