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
SEPTEMBER 2026
KINGSBRIDGE HEIGHTS
THE MOST ACTIVE AREA
The Bronx investment sales market posted its strongest month of 2026 in September, with $332.1 million across 26 transactions covering 29 properties — a 189.4% increase from August’s $114.8 million. Office drove the jump: three office sales totaled $256.9 million, 77% of the month’s volume. Excluding the largest deal, volume was $131.2 million, still up 14.4% from August.
Institutional users led the way. The City University of New York paid $200.9 million for 558 Grand Concourse for Hostos Community College, buying from an entity tied to Maddd Equities. In Williamsbridge, Equality Charter School acquired 801 Bartholdi Street from Azimuth Development Group for $54.5 million.
Concourse Realty Partners closed another deal this month: David Simone brokered the $1.7 million sale of 1453 Teller Avenue, a development site in Mount Eden, to 1453 Teller LLC, about $101 per buildable SF.
September 2026 Summary: 26 transactions totaling $332.1M across 29 properties and 2 assemblages. Office led by dollar volume at $256.9M across three deals. Multifamily/mixed-use led by count with 10 sales. Average multifamily $/SF: $135, up from $106 in August.
$332.1M
TOTAL DOLLAR VOLUME IN SEPTEMBER
Image Source: Hugo L. González / Wikimedia Commons
26
TRANSACTIONS
29
PROPERTIES
Multifamily
MOST SOLD PROPERTY TYPE
$135
AVERAGE MULTIFAMILY $/SF
CONTACT US
LOCATION
CONTACT US
Phone: (212) 207-2400