Acquisition · Mott Haven & Port Morris

558 Grand Concourse, Bronx, NY trades for $201M

Street-level view near 558 Grand Concourse, Bronx, NY
Nearby streetscape
Amount
$201M
Type
Acquisition
Date
Sep. 2026

558 Grand Concourse, Bronx, NY

Recorded in NYC property records.

Seller
BPO Master Tenant LLC
Buyer
The City University of New York
The Deal at a Glance
  • Grantor on the deed is BPO Master Tenant LLC, care of Maddd Equities LLC.
  • Grantee is The City University of New York.
  • The deed covers the entire lot, a commercial condominium unit, and transfers 100 percent.
  • Commercial Observer reported in 2025 that BPO Owner bought the building for $44 million in July 2025.

Overview

The City University of New York acquired the commercial condominium unit at 558 Grand Concourse in the Bronx from BPO Master Tenant LLC, according to a deed dated Sept. 10, 2026 and recorded Sept. 18, 2026. City records show a recorded amount of $200,920,880.

The property is the Bronx General Post Office building. Commercial Observer reported in September 2025 that CUNY would lease the entire building at 558 Grand Concourse.

The deed lists BPO Master Tenant LLC, care of Maddd Equities LLC, as the grantor. Commercial Observer reported that BPO Owner purchased 558 Grand Concourse for $44 million in July 2025 from YoungWoo & Associates and Bristol Group.

The recorded transfer puts the landmarked Bronx General Post Office building into the hands of CUNY, which Commercial Observer reported had agreed a year earlier to lease the entire building.

Parties Involved 2 recorded

Editorial monogram for BPO Master Tenant LLC — not an official logo.BM
Seller
BPO Master Tenant LLC
Named in the record; no Hush Street entity profile yet.
Basis

Listed as Party 1 (grantor) on the ACRIS deed 2026091000765001.

Editorial monogram for The City University of New York — not an official logo.TC
Buyer
The City University of New York
Named in the record; no Hush Street entity profile yet.
Basis

Listed as Party 2 (grantee) on the ACRIS deed 2026091000765001.

Counts and combined values are computed from Hush Street’s own published Deal records only. “Combined” is the total value of the transactions a party appears on, not capital deployed by that party, and two parties on the same transaction each reflect its full amount. Not a career or market total.

Marks shown are Hush Street editorial monograms, generated from each party’s recorded name — not official company logos.

Property & Project

Address558 Grand Concourse, Bronx, NY
NeighborhoodMott Haven & Port Morris
Property TypeCommercial
Sources & Recordsverification, citations & data notes
Verification
Verified — Primary Source
Amount
Amount as recorded on the deed in city records.