Durgaj Properties files plans for 96-unit building in Concourse
112 East 167th Street axonometric rendering (Credit - Jakov Saric architect via DOB)
Durgaj Properties submitted a new building construction project for a 96-unit, 65,735 square-foot residential (R-2) building at 112 East 167 Street in Concourse, Bronx. The plan was filed with the New York City Department of Buildings on July 24, 2025 under job number X01255412. It calls for the construction of a 13-story building. The project is described in the filing as: erection of a new 13 story + cellar and penthouse residential building. The architect is Node Architecture, Engineering, and Consulting. Paulin Durgaj, under the spelling Paul Durgaj, filed the plans.
The developer has also filed plans for a similar building with the address 120 East 167th Street next door.
112 East 167th Street
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | floor | comment | description | persons_permitted | occupancy_label | zoning_use | dwelling_units |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | Cellar | WATER METER ROOM, ELECTRICAL ROOM, TRASH COMPACTOR ROOM, OFFICE AND STORAGE ROOM, BICYCLE STORAGE ROOM FOR 49 BIKES IN A ROOM OF 866 SQUARE FEET | Apartment | N/A | Residential | ||
| 2 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 1 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 3 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 2 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 4 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 3 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 5 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 4 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 6 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 5 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 7 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 6 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 8 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 7 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 9 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 8 | 8 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 8 | |
| 10 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 9 | 6 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 6 | |
| 11 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 10 | 6 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 6 | |
| 12 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 11 | 6 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 6 | |
| 13 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 12 | 6 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 6 | |
| 14 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | 13 | 6 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 6 | |
| 15 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | Penthouse - 1 | 2 "CLASS A" APARTMENTS, REFUSE ROOM | Apartment | N/A | Residential | 2 | |
| 16 | acris | 07/30/2025 06:06 AM | acris | 07/30/2025 06:06 AM | Roof | ELEVATOR MACHINE ROOM, STAIR BULKHEAD | Apartment | N/A | Residential |
The property
The retail building in Concourse has 9,375 square feet of built space and 87,507 square feet of additional air rights for a total buildable of 96,837 square feet according to a PincusCo analysis of city data. The parcel has frontage of 141 feet and is 113 feet deep with a total lot size of 16,086 square feet. The zoning is R8A which allows for up to 6.02 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $1.9 million. The most recent loan totaled $5.1 million and was provided by NorthEast Community Bank on September 26, 2024.
Prior sales and revenue
This property was sold by Tresser Properties for $10.2 million to Paulin Durgaj on September 26, 2024.
The 9,375-square-foot property generated revenue of $354,576 or $38 per square foot, according to the most recent income and expense figures.
Violations and lawsuits
According to city public data, the property has received four DOB violations, $6,250 in ECB penalties, and $6,850 in OATH penalties in the last year.
There were no lawsuits or bankruptcies filed against the property for the past 24 months.
The neighborhood
In Concourse, The bulk, or 46 percent of the 13.4 million square feet of commercial built space are elevator buildings, with industrial buildings next occupying 16 percent of the space. In sales, Concourse has near average sales volume among other neighborhoods with $40.4 million in sales volume in the last two years and is the 30th highest in Bronx. For development, Concourse has near average amount of major developments among other neighborhoods and is the 10th highest in Bronx. It had 888,118 square feet of commercial and multi-family construction under development in the last two years, which represents 7 percent of the neighborhood’s built space.
The block
On this tax block, PincusCo has identified the owners of 11 of the 13 commercial properties representing 504,602 square feet of the 632,102 square feet. The largest owner is Aron Ginsberg, followed by Intervest Capital Partners and then Paulin Durgaj. On the tax block, there was one new building construction project filed totaling 65,735 square feet. It is a 96-unit, 65,735 square-foot residential (R-2) building submitted by Paul Durgaj with plans filed July 24, 2025 and it has not been permitted yet.
The owner
The PincusCo database currently indicates that Paulin Durgaj owned at least nine commercial properties with 224 residential units in New York City with 109,978 square feet and a city-determined market value of $12.9 million. (Market value is typically about 50% of actual value.) The portfolio has $43.5 million in debt, with top three lenders as Wells Fargo, Arbor Realty Trust, and TD Bank respectively. Within the portfolio, the bulk, or 55 percent of the 109,978 square feet of built space are elevator properties, with D7 properties next occupying 27 percent of the space. They are all located in Bronx.
The surrounding
Within a 400-foot radius of 132 East 167 Street, PincusCo identified two commercial real estate items of interests occurred over the past 24 months. One of those two items was a sale which Simkho Aranbayev bought the 21,016-square-foot, 10-unit retail building (K1) on 98 East 167th Street for $7.6 million from Abro Management on October 24, 2024. One of those two items was a loan which Simkho Aranbayev borrowed $5 million from Union Savings Bank secured by the 21,016-square-foot, 10-unit retail building (K1) on 98 East 167th Street on October 24, 2024.
Direct link to the property’s ACRIS page and link to DOB NOW portal.