A snapshot of recorded transactions across the Bronx Southwest sub-market for the third quarter of 2026, covering Longwood, Morrisania, Melrose, Mott Haven, Hunts Point, West Farms, Concourse Village and Parkchester activity across development, multifamily, industrial, retail and conversion assets.
A high-level review of Q3 2026 investment-sales activity in Bronx Southwest — volume, trends, and the points that defined the quarter.
Four views of Q3 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Development | $26.4M | 38.8% | 27.8% | |
| Multifamily | $24.6M | 36.2% | 50.0% | |
| Industrial | $10.8M | 15.8% | 5.6% | |
| Retail | $4.5M | 6.7% | 11.1% | |
| Conversion | $1.7M | 2.5% | 5.6% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Longwood | 4 | $18.1M | |
| Morrisania | 4 | $16.2M | |
| West Farms | 2 | $12.1M | |
| Hunts Point | 1 | $6.7M | |
| Mott Haven | 2 | $6.5M | |
| Melrose | 2 | $3.5M | |
| Concourse Village | 1 | $2.2M | |
| Van Nest | 1 | $1.4M | |
| Parkchester | 1 | $1.3M |
Each Q3 2026 transaction is plotted by neighborhood (points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $12.35MM 3565 Third Avenue development and the $10.75MM 425 Devoe Avenue industrial trade read as the dominant bubbles across the South Bronx. Click any bubble for the deal details.
Near-term catalysts likely to shape Bronx Southwest deal flow over the next two quarters.
Development led at 39% of dollar volume and rose 45% YoY across five ground-up sites. Watch continued land accumulation along the Third Avenue and Bruckner corridors as 485-x and South Bronx rezonings underwrite new rental construction into Q4.
Multifamily trade count more than doubled YoY to nine, anchored by Orenco's 150-unit Hunts Point portfolio. Watch whether larger rent-stabilized portfolios keep trading at a low basis — their return is what lifts dollar volume toward the window's peaks.
425 Devoe Avenue's $120/SF print shows the premium on South Bronx logistics space. Watch whether industrial trades continue competing with residential development for the same waterfront-adjacent and corridor parcels.
Q3's $2.04MM median ticket spanned small multifamily to a $12.35MM development. The pace of larger ($10MM+) closings into Q4 2026 will track financing costs; an easing rate path would support the development and industrial trades that move the top of the market.
Complete transaction log for Q3 2026, sorted by activity date. Development trades show N/A for $/SF (the relevant metric is $/BSF); conversions, multifamily, retail, office and hotel show N/A for $/BSF (the relevant metric is $/SF). $/Unit is reported only for multifamily product with residential units. Footer $/BSF averages cover development trades only; $/SF averages exclude development.
| Address | Date | Price | Property type | $/SF | $/BSF | $/Unit |
|---|---|---|---|---|---|---|
| 299 E 158th St | 7/1/2026 | $1,650,000 | MF-MU 10+ resi units | $140 | N/A | $110,000 |
| 1133 Boston Rd | 7/2/2026 | $5,500,000 | MF-MU 10+ resi units | $139 | N/A | $101,852 |
| 631-633 Bergen Ave | 7/8/2026 | $9,175,000 | Development | N/A | $89 | N/A |
| 1134-1138 E Tremont Ave | 7/23/2026 | $1,300,000 | MF-MU Small | $201 | N/A | $260,000 |
| 576 E 169th St | 7/24/2026 | $1,050,000 | MF-MU Small | $323 | N/A | $350,000 |
| 425 Devoe Ave | 7/28/2026 | $10,750,000 | Industrial | $120 | N/A | N/A |
| Orenco Funding Co. BX MF Portfolio | 7/28/2026 | $6,650,000 | MF-MU 10+ resi units | $48 | N/A | $44,333 |
| 491 E 166th St | 8/3/2026 | $1,700,000 | Conversion | $246 | N/A | N/A |
| 1375 Prospect Ave | 8/4/2026 | $1,100,000 | Development | N/A | $89 | N/A |
| 1740 E Tremont Ave | 8/18/2026 | $1,300,000 | Development | N/A | $104 | N/A |
| 270 E 169th St | 8/25/2026 | $2,225,000 | MF-MU Small | $468 | N/A | $317,857 |
| 3075 3rd Ave | 8/28/2026 | $1,860,000 | Retail | $378 | N/A | N/A |
| 633 Wales Ave | 8/31/2026 | $2,425,000 | Development | N/A | $109 | N/A |
| 520 Wales Ave | 8/31/2026 | $3,800,000 | MF-MU 6-9 resi units | $566 | N/A | $422,222 |
| 1707 Melville St | 9/9/2026 | $1,350,000 | MF-MU Small | $312 | N/A | $337,500 |
| 2520 Park Ave | 9/16/2026 | $2,675,000 | Retail | $306 | N/A | N/A |
| 3565 3rd Ave | 9/23/2026 | $12,350,000 | Development | N/A | $84 | N/A |
| 931 E 169th St | 9/23/2026 | $1,025,000 | MF-MU Small | $191 | N/A | $341,667 |
| AVERAGES | $3,771,389 | $264 | $95 | $253,937 | ||
| MEDIAN | $2,042,500 | $246 | $89 | $317,857 |
Reach out with questions on the data, the market, or specific transactions.
