Excelsior Investors pays $8.1M to Frank E. Kearney Jr. for property in Eastchester

Excelsior Investors through the entity Boston Post Realty, LLC paid Frank E. Kearney Jr.’s 4301 Boston Post Road, LLC $8.1 million for 4295 Boston Road and 4275 Boston Post Road in Eastchester, the Bronx. The deal closed on November 25, 2020 and was recorded on December 7, 2020. The transaction consists of 2 parcels, including the tax class miscellaneous warehouse (E9).

The signatory for the buyer was Gideon Etra, a principal with Excelsior, a real estate investment partnership.  The contract date was September 21, 2018. The last time the property sold was May 10, 2013 for $1,838,937.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $55,000.

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The signatory for the buyer or lender was Gideon Etra

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