Sanjaya Mallick pays $2.2M to Edgar Casablanca for residential walkup in Fordham Manor

Sanjaya Mallick through the entity 2471 Davidson Avenue LLC paid $2.2 million to Edgar Casablanca through the entity Davidson Realty 2471, LLC for the 31-unit residential walkup building (C1) at 2471 Davidson Avenue in Fordham Manor, Bronx. The expected use is cash flowing.
The deal closed on February 27, 2026 and was recorded on March 10, 2026. The property has 27,310 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $80 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 August 21, 2009, for $2 million. The signatory for Edgar Casablanca was Anthony Simari. The contract date was February 8, 2026. The brokers were Rosewood Realty Group’s Aaron Jungreis, Alex Fuchs and Ben Khakshoor.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer Sanjaya Mallick purchased two properties in two transactions for a total of $5.4 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 three properties in three transactions for a total of $11.4 million over the same time period. The former owners according to the Department of Housing Preservation and Development includes Edgar Casablanca, head officer and Bianca Casablanca, agent. The business entity is Davidson Realty 2471, Llc.

The property

The residential walkup building with 31 residential units in Fordham Manor has 27,310 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 75 feet and is 98 feet deep with a total lot size of 7,403 square feet. 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 $2.4 million. The property has 30 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 one housing violation and $600 in OATH penalties 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 four of the 13 commercial properties representing 209,740 square feet of the 373,670 square feet. The largest owner is Diamond Property Management, followed by Ved Parkash and then Elza Gazivoda.
There are no active new building construction projects on this tax block.

The majority, or 63 percent of the 373,670 square feet of built space are elevator buildings, with walkup buildings next occupying 31 percent of the space.

The buyer

The PincusCo database currently indicates that Sanjaya Mallick owned at least two commercial properties with 85 residential units in New York City with 78,056 square feet and a city-determined market value of $4.3 million. (Market value is typically about 50% of actual value.) Within the portfolio, the bulk, or 70 percent of the 78,056 square feet of built space are elevator properties, with walkup properties next occupying 30 percent of the space. The bulk, or 70 percent of the built space, is in Manhattan, with Bronx next at 30 percent of the space.

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