136B East 167 Street

Owner: Intervest Capital Partners

Acquired: April 20, 2023, $10.2 million

Debt: April 20, 2023, $47.5 million

Built: 1921

SF: 59,075

Dwelling units: 58

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 5

Transactions:

• InterVest Capital Partners borrowed $47.5 million from Webster Bank for 1197 Grand Concourse, 2608 Creston Avenue, 1098 Gerard Avenue, 1112 Gerard Avenue, 1065 Jerome Avenue, and others, Concourse, Bronx on April 20, 2023.

• Taconic Partners and Clarion Partners sold 1197 Grand Concourse, Concourse, Bronx for $10.2 million to InterVest Capital Partners on April 20, 2023.

Development:

• Doug Peterson filed plans for alteration in Concourse, Bronx, on October 30, 2015.

• Lakhwinder Singh filed plans for A3 in Concourse, Bronx, on May 10, 2012.

• Rick Herman filed plans for alteration in Concourse, Bronx, on September 28, 2012.

• Blake Pizzola filed plans for alteration in Concourse, Bronx, on February 08, 2019.

• Prabjit Singh filed plans for A3 in Concourse, Bronx, on October 20, 2009.

Violations:

According to city public data, the properties have received 14 housing violations and $2,130 in OATH penalties in the last year.