1716 Eastchester Road
Pelham Bay, Bronx
Parcel ID (BBL): 2042260007
Owner: Simone Development Companies
Acquired: October 12, 2023, $12 million
Debt: January 05, 2024, $10.4 million
Built: 1999
Renovated: 2006
SF: 62,660
Dwelling units: 0
No. of buildings: 1
Class: One Story Store Building (K1)
Floors: 1
Legacy BBLs: 2042260007.00000000
Transactions:
• Simone Development Companies borrowed $10.4 million from Orange Bank & Trust Company for 1730 Eastchester Road, 1742 Eastchester Road, 1724 Eastchester Road, 1716 Eastchester Road, N/A Eastchester Road, and others, Pelham Bay, Bronx on January 05, 2024.
• Simone Development Companies borrowed $8.4 million from Joseph Simone for 1730 Eastchester Road, 1742 Eastchester Road, 1724 Eastchester Road, 1710 Eastchester Road, N/A Eastchester Road, and others, Pelham Bay, Bronx on October 12, 2023.
• Madison International Realty sold 1730 Eastchester Road, 1742 Eastchester Road, 1724 Eastchester Road, 1710 Eastchester Road, N/A Eastchester Road, and others, Pelham Bay, Bronx for $12 million to Simone Development Companies on October 12, 2023.
Development:
• Simone Development Companies filed major alteration job X01411495 for 62,626 sqft 74 building with 0 apartments in Pelham Bay, Bronx, on June 23, 2026.
• Joseph Simone filed major alteration job X00968231 for 62,626 sqft 74 building with 0 apartments in Pelham Bay, Bronx, on December 13, 2023.
• Joseph Simone filed alteration job X00983158 for 62,626 sqft C building with 0 apartments in Pelham Bay, Bronx, on January 13, 2024.
• Joseph Simone filed alteration job X00982018 for 62,626 sqft C building with 0 apartments in Pelham Bay, Bronx, on January 08, 2024.
• Joseph Simone filed alteration job X00983307 for 62,626 sqft C building with 0 apartments in Pelham Bay, Bronx, on January 04, 2024.
• Joseph Simone filed alteration job X00983234 for 62,626 sqft C building with 0 apartments in Pelham Bay, Bronx, on January 04, 2024.
• Joseph Simone filed alteration job X00967505 for 62,626 sqft COM building with 0 apartments in Pelham Bay, Bronx, on December 12, 2023.
Violations:
According to city public data, the properties have received $2,485 in OATH penalties in the last year.