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New York & Tri-State  + Uptown/Bronx  + Industrial  | 

Concourse Realty Arranges Trio of Bronx Sales Transactions

David Simone of Concourse Realty Partners recently arranged the sale of four Bronx properties in three
separate transactions. They included the following:

  • 1351 Jerome Ave. and 1342 Inwood Ave. sold for $20,000,000. 1342 Inwood is a 56,000-square-foot warehouse, with current zoning allowing for approximately 158,624 square feet of residential space or 143,202 square feet of community facility space. 1351 Jerome is approximately 14,800 square feet and allows for approximately 106,759 square feet of residential space as well as retail, commercial and community facility space.
  • 21 E. Clarke Pl. sold for $12,400,000. Currently a 21,500-square-foot warehouse, its zoning allows for the construction of approximately 155,000 square feet of residential space or 140,000 square feet of community facility space. The buyer was represented by Nathan Horne of Compass.
  • 1288 Southern Blvd. sold for $1,375,000. The 4,900-square-foot development site allows for approximately 20,000 square feet of residential development as well as retail development.
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).