CONCOURSE
REALTY PARTNERS
At the forefront of Concourse Realty Partners' business philosophy is a passion for our client. Having access to extensive market information and longstanding relationships with local property owners and investors, provides for a unique method of pairing sellers with buyers to satisfy their commercial real estate needs.
Concourse Realty combines local market experience with the latest technology to offer our clients the best possible service.
David Simone started Concourse Realty in 2017 after exclusively covering the Bronx market for Massey Knakal and Cushman & Wakefield for fifteen years. Concourse Realty continues this focus by spending all of our time on the Bronx real estate market. Our services are customized to meet the diverse needs of private investors, professionals, and institutions.
Concourse Realty Partners is committed to community outreach throughout the Bronx. Some of the organizations we work with include Bronx River Alliance and City Harvest.
OUR TEAM
EXPERIENCED. PROFESSIONAL. DRIVEN.
PROPERTIES
Market Insights
APRIL 2025
FORDHAM
THE MOST ACTIVE AREA
The Bronx investment sales market posted a steady April with $89.5 million across 43 arm's-length transactions — a normalization after March's $246.3 million quarter-end surge. The month's biggest headline was institutional: Fetner Properties and PGIM Real Estate acquired Columbia University's 127-unit Arbor complex at 3260 Henry Hudson Parkway in Riverdale for $64 million in a sale-leaseback.
In the core investment market, Gazivoda Realty's $7.85 million purchase of the 103-unit elevator building at 80 McClellan Street in Concourse from Annal Management was the top deal at $63/SF. Fordham and Bedford Park emerged as the most active corridor with 7 deals, including 2805 Pond Place (62 units, $4.3M) and 2388 Tiebout Avenue (57 units, $3.5M) — both pricing in the low-$60s per SF.
Mount Hope posted two mid-size deals: 1915 Morris Ave (55 units, $3.4M) and 2025 Walton Ave (65 units, $3.1M). Industrial activity was limited to a single $7.2M warehouse trade at 3305 Country Club Road. New building filings included a 99-unit project at 1526 Grand Concourse (Claremont Village) and 99 units at 122 Bruckner Blvd (Mott Haven).
April 2026 Summary: 43 arm's-length investment sales totaling $89.5M. Including the institutional deal, total Bronx volume reached $153.5M. Multifamily led with 28 deals ($58.3M). Avg MF/MU $/SF: $125. YTD 2026: $499M across 121 transactions.
$89.51M
TOTAL DOLLAR VOLUME IN APRIL
43
TRANSACTIONS
45
PROPERTIES
Multifamily
MOST SOLD PROPERTY TYPE
$125
AVERAGE MULTIFAMILY $/SF
CONTACT US
LOCATION
2027 Williamsbridge Road,
2nd Floor, Bronx, NY 10461
CONTACT US
Phone: (212) 207-2400