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Marcus & Millichap brokers sale of Ponce Bank Bronx headquarters for $16.25 million
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Marcus & Millichap brokers sale of Ponce Bank Bronx headquarters for $16.25 million
  • Marcus & Millichap brokered the USD 16.25 million sale of Ponce Bank’s net-leased flagship headquarters property in the Bronx.
  • Deal pricing implied a 6.1% cap rate following a competitive bid process; buyer was an all-cash 1031-exchange investor.
  • Asset at 2244 Westchester Ave. spans 28,819 square feet on a 0.96-acre lot; includes 52 parking spaces.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 26, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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