Jacob Eisenstein pays $4.7M for 45-unit walkup in Kingsbridge Heights

Jacob Eisenstein through the entity 140 Gv LLC paid $4.7 million to Edgar Casablanca through the entity 140 West 238th Street LLC for the 45-unit residential walkup building (C1) at 140 West 238th Street in Kingsbridge Heights, Bronx. The expected use is cash flowing.
The deal closed on January 15, 2026 and was recorded on February 12, 2026. The property has 42,525 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $109 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on March 15, 2013, for $4.3 million. The signatory for Edgar Casablanca was Anthony Simari . The signatory for Jacob Eisenstein was Jacob Eisenstein. The contract date was January 3, 2026.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer Jacob Eisenstein purchased two properties in one transaction for a total of $4 million and has no record it sold any properties over the past 24 months.
The seller Edgar Casablanca had not purchased any other properties and sold two properties in two transactions for a total of $6.7 million over the same time period. The former owners according to the Department of Housing Preservation and Development includes Edgar Casablanca, head officer and Ruben Bido, site manager. The business entity is 140 West 238th St Llc. The 42,525-square-foot property generated revenue of $802,022 or $19 per square foot, according to the most recent income and expense figures.

The property

The residential walkup building with 45 residential units in Kingsbridge Heights has 42,525 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 90 feet and is 105 feet deep with a total lot size of 8,770 square feet. The lot is irregular. The zoning is R6 which allows for up to 2.43 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $3.2 million. The property has 11 rent regulated units according to city tax records from 2024.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $6,250 in ECB penalties, $6,460 in OATH penalties, and one housing litigation in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of eight of the 10 commercial properties representing 248,616 square feet of the 304,941 square feet. The largest owner is Vanbarton Group, followed by Leonid Yevdayev and then Casablanca Management.
There are no active new building construction projects on this tax block.

The majority, or 58 percent of the 304,941 square feet of built space are retail buildings, with walkup buildings next occupying 32 percent of the space.

The buyer

The PincusCo database currently indicates that Jacob Eisenstein owned at least three commercial properties with 114 residential units in New York City with 125,066 square feet and a city-determined market value of $17.4 million. (Market value is typically about 50% of actual value.) Within the portfolio, the bulk, or 65 percent of the 125,066 square feet of built space are D4 properties, with walkup properties next occupying 35 percent of the space. The bulk, or 65 percent of the built space, is in Manhattan, with Bronx next at 35 percent of the space.

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