
Developer Expands Bronx Portfolio with Bedford Park Site
GFI Realty Services arranged the $3.8-million sale of 171-173 E. 205th St., a 7,690-square-foot development site in the Bedford Park section of the Bronx. GFI associate Zachary Fuchs represented the seller, Zef Dedaj, and the buyer, SKF Development.
Permits have been filed to construct a 64-unit eight-story residential building totaling 44,019 square-feet. This is the first trade of this asset in nearly 30 years; the parcel was last sold in 1995.
“The site is ideally situated in proximity to numerous amenities and institutions and the developer, which already has a significant footprint in the Bronx, saw this as a great addition to its portfolio,” said Fuchs.
The parcels are in proximity to Fordham University, the New York Botanical Gardens, Montefiore Hospital, and the B-D subway lines.
- ◦Sale