1551 Williamsbridge Road

Owner: Paul Gjonaj

Acquired: October 28, 2024, $15.7 million

Debt: October 28, 2024, $11.8 million

Built: 1928

SF: 107,340

Dwelling units: 125

No. of buildings: 1

Class: Fireproof (Standard Construction Without Stores) (D3)

Floors: 6

Transactions:

• Paul Gjonaj and Vincens Gjonaj borrowed $11.8 million from Orange Bank & Trust Company for 1541 Williamsbridge Road, Morris Park, Bronx on October 28, 2024.

• Scharfman Organization sold 1541 Williamsbridge Road, Morris Park, Bronx for $15.7 million to Paul Gjonaj and Vincens Gjonaj on October 28, 2024.

• Louis Malone borrowed $6 million from JPMorgan Chase for 1541 Williamsbridge Road, Morris Park, Bronx on June 02, 2022.

Development:

• Mark Scharfman filed plans for alteration in Morris Park, Bronx, on November 20, 2023.

• Mitchell Rothken filed plans for alteration in Morris Park, Bronx, on October 04, 2022.

• Mark Scharfman filed plans for alteration in Morris Park, Bronx, on September 01, 2016.

• Mark Scharfman filed plans for alteration in Morris Park, Bronx, on September 15, 2015.

• Mark Scharfman filed plans for alteration in Morris Park, Bronx, on December 02, 2011.

Violations:

According to city public data, the properties have received $1,250 in ECB penalties, nine housing violations, and $1,700 in OATH penalties in the last year.

Latest Stories:

• Paul, Vincens Gjonaj pay $15.7M to Scharfman Org. for 125-unit rental in Morris Park owned for about 50 years (October 29, 2024)