1139 Webster Avenue
Concourse Village, Bronx
Parcel ID (BBL): 2024260021
Owner: New Destiny Housing Corporation
Acquired: July 21, 2022, $3.5 million
Debt: June 10, 2025, $48.9 million
Built: 2025
Renovated: 2025
SF: 76,335
Dwelling units: 72
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 14
Transactions:
• New Destiny Housing Corporation borrowed $48.9 million from Capital One and NYS Homeless Housing and Assistance Corporation for 1139 Webster Avenue, Concourse Village, Bronx on June 10, 2025.
• New Destiny Housing Corporation borrowed $5.5 million from Corporation for Supportive Housing for 1139 Webster Avenue, Concourse Village, Bronx on July 21, 2022.
• Wolf Family sold 1139 Webster Avenue, Concourse Village, Bronx for $3.5 million to New Destiny Housing Corporation on July 21, 2022.
Development:
• New Destiny Housing Corporation filed new building job 220213043 for 59,119 sqft R-2 building with 72 apartments in Concourse Village, Bronx, on October 26, 2023.
• Derek Brennan filed alteration job X01388570 for building in Concourse Village, Bronx, on May 11, 2026.
• Jimmy Hsu filed alteration job X01347788 for 1 sqft building with 0 apartments in Concourse Village, Bronx, on January 29, 2026.
• Jimmy Hsu filed alteration job X01344585 for 1 sqft building with 0 apartments in Concourse Village, Bronx, on January 09, 2026.
• Jimmy Hsu filed alteration job X01341744 for 1,000 sqft building with 0 apartments in Concourse Village, Bronx, on January 02, 2026.
• Derek Brennan filed alteration job X01329791 for 10 sqft building with 72 apartments in Concourse Village, Bronx, on December 09, 2025.
Violations:
According to city public data, the properties have received $52,500 in ECB penalties and $52,500 in OATH penalties in the last year.