Acquisition · Mott Haven & Port Morris
558 Grand Concourse, Bronx, NY trades for $201M
- 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
- 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
Basis
Listed as Party 1 (grantor) on the ACRIS deed 2026091000765001.
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
Sources & Recordsverification, citations & data notes
- ACRIS Document Detail, deed 2026091000765001 — NYC ACRIS
- CUNY lease of Bronx General Post Office — Commercial Observer