A snapshot of recorded transactions across the Bronx Southwest sub-market for the second quarter of 2026, covering Mott Haven, Port Morris, Longwood, Melrose, Concourse Village, Morrisania and Parkchester activity across development, multifamily, retail and industrial assets.
A high-level review of Q2 2026 investment-sales activity in Bronx Southwest — volume, trends, and the five points that defined the quarter.
Four views of Q2 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Development | $49.4M | 48.3% | 35.3% | |
| Multifamily | $29.9M | 29.3% | 41.2% | |
| Retail | $11.2M | 11.0% | 11.8% | |
| Industrial | $10.3M | 10.0% | 5.9% | |
| Office | $1.4M | 1.4% | 5.9% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Concourse Village | 4 | $22.4M | |
| Port Morris | 1 | $21.7M | |
| Longwood | 2 | $16.0M | |
| Melrose | 2 | $10.4M | |
| Tremont | 1 | $10.0M | |
| Parkchester | 2 | $7.3M | |
| East Morrisania | 2 | $6.8M | |
| Mott Haven | 2 | $6.3M | |
| West Farms | 1 | $1.4M |
Each Q2 2026 transaction is plotted by neighborhood (street-level geocoding was unavailable, so points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $21.7MM 517-521 East 132nd Street development in Port Morris, the $10.3MM 935 Garrison Avenue industrial trade in Longwood, and the $10.0MM 761 East Tremont Avenue site read as the dominant bubbles. 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 48% of dollar volume, anchored by the $21.7MM Port Morris assemblage. Watch continued land accumulation along the Bruckner, Southern Boulevard and Third Avenue corridors as 485-x and South Bronx rezonings underwrite new rental construction.
935 Garrison Avenue's $1,117/SF print shows the premium on Port Morris / Longwood logistics space. The industrial bid should stay firm as last-mile demand competes with residential conversion for the same waterfront-adjacent parcels.
Seven multifamily trades at a ~$125K/unit median (with 80–120 unit buildings near $66–68K/unit) show a steady value-add bid. Watch whether trade count holds and whether larger portfolios return to lift dollar volume.
With a $4.8MM median ticket and dollar volume flat QoQ, the pace of larger ($10MM+) closings into 2H 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 Q2 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 |
|---|---|---|---|---|---|---|
| 594 Grand Concourse | 4/9/2026 | $1,400,000 | Office | $321 | N/A | N/A |
| Ims Hospital Service Portfolio | 4/23/2026 | $3,450,000 | Development | N/A | $111 | N/A |
| 185 McClellan St | 4/30/2026 | $7,735,000 | MF-MU 10+ resi units | $63 | N/A | $66,111 |
| 1181 Sheridan Ave | 4/30/2026 | $3,965,000 | MF-MU 10+ resi units | $55 | N/A | $58,309 |
| 887 E 178th St | 5/6/2026 | $1,375,000 | MF-MU 10+ resi units | $119 | N/A | $125,000 |
| 935 Garrison Ave | 5/8/2026 | $10,275,000 | Industrial | $1,117 | N/A | N/A |
| 706 Courtlandt Ave & 366 E 155th St | 5/14/2026 | $7,000,000 | MF-MU 10+ resi units | $296 | N/A | $280,000 |
| 1300 Southern Blvd | 5/15/2026 | $2,000,000 | Retail | $222 | N/A | N/A |
| 311 E 148th St | 5/18/2026 | $3,500,000 | Development | N/A | $132 | N/A |
| 1505 Beach Ave | 5/20/2026 | $1,375,000 | MF-MU Small | $310 | N/A | $343,750 |
| 2535 3rd Ave | 5/21/2026 | $2,800,000 | MF-MU Small | $304 | N/A | $700,000 |
| 643-647 Cauldwell Ave | 5/27/2026 | $5,680,125 | MF-MU 10+ resi units | $99 | N/A | $67,621 |
| 517- 521 East 132nd St & 122 Bruckner Blvd | 6/12/2026 | $21,700,000 | Development | N/A | $126 | N/A |
| 761 E Tremont Ave | 6/12/2026 | $10,000,000 | Development | N/A | $143 | N/A |
| 1780 E Tremont Ave | 6/17/2026 | $5,930,000 | Development | N/A | $115 | N/A |
| 1218-1224 Southern Blvd | 6/24/2026 | $4,825,000 | Development | N/A | $132 | N/A |
| 1150 Webster Ave | 6/30/2026 | $9,250,000 | Retail | $286 | N/A | N/A |
| AVERAGES | $6,015,301 | $290 | $126 | $234,399 | ||
| MEDIAN | $4,825,000 | $286 | $129 | $125,000 |
Reach out with questions on the data, the market, or specific transactions.
