3887 Boston Road
Edenwald, Bronx
Parcel ID (BBL): 2049220101
Owner: Bayrock Capital
Acquired: November 03, 2022, $4.2 million
Debt: January 30, 2025, $9.1 million
Built: 1963
Renovated: 2019
SF: 11,634
Dwelling units: 0
No. of buildings: 1
Class: Motels (H4)
Floors: 2
Transactions:
• Bayrock Capital borrowed $9.1 million from Popular Bank for 2101 Needham Avenue and N/A Boston Road, Edenwald, Bronx on January 30, 2025.
• John Palladino sold 2101 Needham Avenue and N/A Boston Road, Edenwald, Bronx for $4.2 million to Bayrock Capital on November 03, 2022.
Development:
• Mark Glassman filed major alteration job X00969090 for 17,788 sqft 70 building with 22 apartments in Edenwald, Bronx, on December 13, 2023.
• John Paladino filed major alteration job 210083498 for 8,969 sqft R-2 building with 27 apartments in Edenwald, Bronx, on December 12, 2008.
• Mark Glassman filed alteration job X01097493 for 100 sqft 70 building with 22 apartments in Edenwald, Bronx, on August 21, 2024.
• Mark Glassman filed alteration job X00964510 for 7,452 sqft R-2 building with 2 apartments in Edenwald, Bronx, on November 21, 2023.
• John Palladino filed alteration job 220694210 for R-2 building with 27 apartments in Edenwald, Bronx, on March 22, 2019.
Litigation:
• John Palladino filed a $3 million pre-foreclosure 802936/2023E on February 21, 2023, against Bayrock Capital, Moshe Glassman and Daniel Rabinowitz at 2101 Needham Avenue.
Violations:
According to city public data, the properties have received three DOB violations and $300 in OATH penalties in the last year.