632 Wales Avenue

Owner: Yechiel Newhouse

Acquired: September 17, 2025, $19.6 million

Debt: September 17, 2025, $14.7 million

Built: 1911

SF: 18,360

Dwelling units: 31

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 5

Transactions:

• Yechiel Newhouse borrowed $14.7 million from JPMorgan Chase for 632 Wales Avenue, 790 East 152nd Street, 636 Wales Avenue, 786 East 152nd Street, 640 Wales Avenue, and others, Longwood, Bronx on September 17, 2025.

• Leeds Associates sold 632 Wales Avenue, 790 East 152nd Street, 636 Wales Avenue, 786 East 152nd Street, 640 Wales Avenue, and others, Longwood, Bronx for $19.6 million to Yechiel Newhouse on September 17, 2025.

Development:

• Arthur Leeds filed plans for alteration in Longwood, Bronx, on January 06, 2005.

• Arthur Leeds filed plans for alteration in Longwood, Bronx, on June 04, 2003.

Violations:

According to city public data, the properties have received $390 in OATH penalties in the last year.