
SKF Development pays $9.4M for dev site in Fordham Heights
2092 Grand Concourse (Credit – Cyclomedia)
SKF Development through the entity 2092 GC Realty LLC paid $9.4 million to Visabe Corp. through the entity 2092-2100 Grand Concourse Realty Co LLC for 2092 Grand Concourse in Fordham Heights, Bronx. The expected use is ground up development.
The deal closed on April 29, 2025 and was recorded on May 1, 2025. The property has 14,882 square feet of built space and 74,707 square feet of additional air rights for a total buildable of 89,589 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $634 and the price per buildable square foot is $105 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Visabe Corp. was Salomon Cojab . The signatory for SKF Development was Robert J. Teitelbaum . The contract date was February 18, 2024.
