111 East 164 Street
Concourse, Bronx
Parcel ID (BBL): 2024710001
Owner: Azimuth Development Group
Acquired: November 12, 2025, $24 million
Debt: November 12, 2025, $37.4 million
Built: 1931
SF: 84,920
Dwelling units: 0
No. of buildings: 1
Class: Parochial Schools, Yeshivas (W2)
Floors: 4
Transactions:
• Azimuth Development Group and AECI Charter Schools Network borrowed $37.4 million from Webster Bank for 1000 Walton Avenue, Concourse, Bronx on November 12, 2025.
• All Hallows High School sold 1000 Walton Avenue, Concourse, Bronx for $24 million to Azimuth Development Group on November 12, 2025.
Development:
• John Silviano filed major alteration job X01306268 for 85,355 sqft 57 building with 0 apartments in Concourse, Bronx, on November 11, 2025.
• John Silviano filed alteration job X01365350 for 2,000 sqft building with 0 apartments in Concourse, Bronx, on March 03, 2026.
• John Silviano filed alteration job X01351283 for 3,600 sqft building with 0 apartments in Concourse, Bronx, on February 16, 2026.
• John Silviano filed alteration job X01287524 for 10,000 sqft G building with 0 apartments in Concourse, Bronx, on September 26, 2025.
• Ronald Schutte filed alteration job X00651064 for 3,488 sqft E building with 0 apartments in Concourse, Bronx, on May 23, 2022.
• Ronald Schutte filed alteration job X00650843 for 3,488 sqft E building with 0 apartments in Concourse, Bronx, on May 23, 2022.
Litigation:
• All Hallows High School filed a $24 million lawsuit 809290/2025E against Azimuth Development Group and Guido Subotovsky on April 24, 2025,seeking a judgment related to leave to sellat 1000 Walton Avenue.
Violations:
According to city public data, the properties have received $1,250 in ECB penalties and $3,450 in OATH penalties in the last year.