In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discusses Ariel’s Bronx 2025 Mid-Year Commercial Real Estate Trends report with the Bronx market experts Senior Director Jason Gold and Director Daniel Mahfar.

Key findings include:

• The Bronx investment sales market experienced a significant recovery in the first half of 2025 with dollar volume rising to $1.07 billion and transactions to 126, year-over-year increases of 106% and 18%, respectively.
• Multifamily sales totaled $565 million across 60 transactions in 1H 2025, driven by investors seeking low-basis, high-cash-flow opportunities in rent-stabilized assets.
• The most significant rent stabilized transaction was the sale of Related Companies’ 36-
  building, 2,021-unit Bronx portfolio to PH Realty Capital LLC for $189 million, discounted from $253 million paid by Related in 2014.
• Dollar volume in the development market was up 50% year-over-year, as developers became more comfortable with the UAP City of Yes initiative and 485-x tax abatement to underwrite larger projects.

For a deeper dive, read the full report: Bronx 2025 Mid-Year Commercial Real Estate Trends report.