Jamestown Buys 260 E. 161st St. on Busiest Bronx Office Corridor

Jamestown bought 260 E. 161st St., an office and retail building just a few blocks from Yankee Stadium on the E. 161st corridor in Concourse Village — the busiest office and retail corridor in the Bronx.

The 10-story building was built in 1930 and renovated in 2016, with 245,470 square feet of office space with tenants including The City of New York, The Legal Aid Society, Montefiore Medical Center. It also has 20,572 square feet of retail space leased to tenants including Walgreens, Starbucks and Chipotle Mexican Grill.

Michael Tepedino, Andrew Scandalios, Graham Stephens, David Giancola, and David Fowler represented the seller, Acadia Realty Trust, and procured the buyer. Additionally, HFF’s Christopher Peck and Peter Rotchford are currently working on behalf of the buyer to arrange financing for the asset.

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