1739 Boston Road
East Morrisania, Bronx
Parcel ID (BBL): 2029400053
Owner: Watermark Capital Group
Acquired: November 12, 2024, $2.4 million
Debt: August 04, 2025, $25 million
Built: 1936
Renovated: 2025
SF: 83,399
Dwelling units: 99
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 8
Transactions:
• Watermark Capital Group borrowed $25 million from Oak Funding for 1723 Boston Road, East Morrisania, Bronx on August 04, 2025.
• Ricardo Guzman sold 1723 Boston Road, East Morrisania, Bronx for $2.4 million to Mayer Chemtob, Mordechai Getz and David Dweck on November 12, 2024.
Development:
• Borough Developers filed major alteration job X01112246 for 90,446 sqft R-2 building with 98 apartments in East Morrisania, Bronx, on September 27, 2024.
• Ricardo Guzman filed major alteration job 220325672 for 27,373 sqft A-3 building with 1 apartments in East Morrisania, Bronx, on July 17, 2013.
• Eddie Gazheli filed alteration job X01283445 for 90,446 sqft building with 99 apartments in East Morrisania, Bronx, on September 08, 2025.
• Eddie Gazheli filed alteration job X01276798 for 90,446 sqft building with 99 apartments in East Morrisania, Bronx, on August 25, 2025.
• Eddie Gazheli filed alteration job X01252363 for 90,446 sqft building with 99 apartments in East Morrisania, Bronx, on July 08, 2025.
• Eddie Gazheli filed alteration job X01240279 for 90,446 sqft building with 99 apartments in East Morrisania, Bronx, on June 19, 2025.
• Eddie Gazheli filed alteration job X01236466 for 90,446 sqft building with 99 apartments in East Morrisania, Bronx, on June 05, 2025.
Most recent Schedule of Occupancy
Most recent Zoning Diagram (ZD1)
Litigation:
• Industrial Bank filed a $1,000,000 pre-foreclosure 810165/2024E on June 24, 2024, against Ricardo Guzman at 1723 Boston Road.
• Industrial Bank filed a $1,000,000 pre-foreclosure 810165/2024E on June 24, 2024, against Ricardo Guzman at 1723 Boston Road.
• Industrial Bank filed a $1,000,000 pre-foreclosure 810165/2024E on June 24, 2024, against Ricardo Guzman at 1723 Boston Road.
• Industrial Bank filed a $1,000,000 pre-foreclosure 810165/2024E on June 24, 2024, against Ricardo Guzman at 1723 Boston Road.
• Industrial Bank filed a $1,000,000 pre-foreclosure 810165/2024E on June 24, 2024, against Ricardo Guzman at 1723 Boston Road.
Violations:
According to city public data, the properties have received one DOB violation, $26,000 in ECB penalties, and $27,100 in OATH penalties in the last year.