New York City · Commercial sale

1527 Propco buys 3 parcels in The Bronx for $26.2 million

A group of 3 parcels including 1527 Southern Boulevard, The Bronx sold for $26,200,000 on September 30, 2026. See the seller and buyer net sheets for.

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Automated sale report from public sales records · How we make these · Published November 12, 2026

Sold September 30, 2026 · New York, New York

Aerial view of 1527 Southern Boulevard, The Bronx with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.

Sale price: $26,200,000
Sold: September 30, 2026
Property type: Group of 3 parcels

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 30, 2026

Seller's estimated net sheet

1527 Southern Boulevard, The Bronx

Sale price	$26,200,000
Prorations
Property tax proration (refund to seller)	$323,336.71
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$104,800
NY State additional transfer tax (NYC non-residential $2M+)	$65,500
NYC real property transfer tax (commercial/other)	$687,750
Other costs
Wire / courier / payoff processing	$75
Total deductions	$859,875
Estimated net to seller	$25,663,461.71

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NetSheet.orgSeptember 30, 2026

Buyer's estimated net sheet

1527 Southern Boulevard, The Bronx

Purchase price (cash)	$26,200,000
Title and settlement
Owner's title insurance policy	$81,659.55
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$323,336.71
Closing costs and prepaids	$407,496.26
Estimated cash to close	$26,607,496.26

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.65% of price ($432,300).
Title and settlement fees are typical estimates, not quotes.

Selling in The Bronx?

New York City transfer tax and closing costs

A group of 3 parcels, including 1527 Southern Boulevard in The Bronx, sold for $26,200,000 on September 30, 2026. The New York City Department of Finance's ACRIS property records report the sale.

The record lists 1527 Propco LLC as the buyer and 1527 Southern Fee Owner LLC as the seller.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in New York City?

By our estimate, the seller's two largest charges, not counting prorations, were $687,750 for the nYC real property transfer tax (commercial/other) and $104,800 for the nY State real estate transfer tax. Who pays what follows New York City custom.

How much did the seller net?

By our estimate, the seller netted about $25,663,462. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $26,607,496 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1527 Southern Boulevard, The Bronx, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026101400933001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.