248 East 167 Street

Owner: Chestnut Holdings

Acquired: September 01, 2021, $13.6 million

Debt: September 01, 2021, $10.2 million

Built: 1936

SF: 77,986

Dwelling units: 78

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 7

Transactions:

• Morgan Group sold 230 East 167th Street, Longwood Melrose, Bronx for $13.6 million to Chestnut Holdings on September 01, 2021.

• Chestnut Holdings borrowed $10.2 million from Investors Bank for 230 East 167th Street, Longwood Melrose, Bronx on September 01, 2021.

Development:

• Sefik Gunes filed plans for alteration in Concourse Village, Bronx, on April 22, 2025.

• Lucio Gil Rumaldo filed plans for alteration in Concourse Village, Bronx, on September 19, 2023.

• Mandeep Singh filed plans for alteration in Concourse Village, Bronx, on January 22, 2019.

• Mandeep Singh filed plans for alteration in Concourse Village, Bronx, on October 03, 2018.

• Brooke Morgan filed plans for alteration in Concourse Village, Bronx, on December 20, 2019.

Violations:

According to city public data, the properties have received $5,525 in ECB penalties, 32 housing violations, and $20,775 in OATH penalties in the last year.

Latest Stories:

• Chestnut Holdings signs $10.2M acquisition loan with Investors Bank for rental in Longwood Melrose (September 02, 2021)