308 East 161 Street
Concourse Village, Bronx
Parcel ID (BBL): 2024200120
Acquired: December 27, 2022, $40.8 million
Debt: January 09, 2023, $74 million
Transactions:
• Gilbane Development and Settlement Housing Fund borrowed $74 million from Systima Capital Management for 280 East 161st Street, 1105 Jerome Avenue, 2363 Southern Boulevard, 101 East 165th Street, 103 East 165th Street, and others, Concourse Village, Bronx on January 09, 2023.
• Spencer Equity Group sold 280 East 161st Street, Concourse Village, Bronx for $40.8 million to Gilbane Development on December 27, 2022.
• Spencer Equity Group borrowed $27.6 million from Berkadia Commercial Mortgage for 280 East 161st Street, Bronx, Bronx on January 04, 2021.
Development:
• Gilbane Development filed new building job X00851840 for 201,031 sqft R-2 building with 266 apartments in Concourse Village, Bronx, on December 18, 2023.
• Joel Gluck filed major alteration job 210179028 for 232,480 sqft R-2 building with 203 apartments in Concourse Village, Bronx, on January 22, 2019.
• Joe Gluck filed major alteration job 220210867 for 239,712 sqft R-2 building with 204 apartments in Concourse Village, Bronx, on June 17, 2013.
• Dimitrios Katehis filed alteration job X01391455 for 1 sqft J-2 building with 203 apartments in Concourse Village, Bronx, on May 04, 2026.
• Dimitrios Katehis filed alteration job X01395176 for 12,882 sqft building with 203 apartments in Concourse Village, Bronx, on May 01, 2026.
• Dimitrios Katehis filed alteration job X01385940 for building in Concourse Village, Bronx, on April 21, 2026.
• Dimitrios Katehis filed alteration job X01341692 for 4,700 sqft R-2 building with 203 apartments in Concourse Village, Bronx, on March 24, 2026.
• Yarojin Robinson filed alteration job X01340923 for 920 sqft building with 203 apartments in Concourse Village, Bronx, on January 12, 2026.
Violations:
According to city public data, the properties have received $4,375 in ECB penalties, 102 housing violations, $10,650 in OATH penalties, and three housing litigations in the last year.