City University of New York Buys Bronx General Post Office (175,000 SF) in New York

Reported Sep 21, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
City University of New York (CUNY)
Seller
Maddd Equities
Price
$200.9M (property records)
Size
175K SF building; CUNY bought nearly all of it
Price per SF
$1,148 per SF (our calculation)
Asset class
Other
Transaction
Sale
Sub-market
Bronx & Staten Island
Metro
New York (incl. Long Island & NJ)
Reported date
Sep 21, 2026

Summary

Bronx General Post Office is an other sale in Bronx & Staten Island, New York. Other details we have: buyer City University of New York (CUNY); seller Maddd Equities; price $200.9M (property records); size 175K SF building; CUNY bought nearly all of it. Bisnow reports: “A year after signing a long-term lease at the landmarked Bronx General Post Office for a new community college, the City University of New York has acquired the educational property.” Bisnow reports: “Prolific Bronx developer Maddd Equities acquired the 175K SF building at 558 Grand Concourse Ave. last July for $44M and struck a deal to lease it to the city's university system a few months later.”

Quoted from the article; the other facts come from our own deal listing.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Buyer
    A year after signing a long-term lease at the landmarked Bronx General Post Office for a new community college, the City University of New York has acquired the educational property.
  • Deal / Size / Seller
    Prolific Bronx developer Maddd Equities acquired the 175K SF building at 558 Grand Concourse Ave. last July for $44M and struck a deal to lease it to the city's university system a few months later.
  • Price
    CUNY paid $200.9M for a commercial condo in the Concourse Village building, according to property records.

Article date: 2026-09-21T20:15:49-04:00

Quick answers

Who bought Bronx General Post Office?
City University of New York bought Bronx General Post Office in Bronx & Staten Island, New York, according to Bisnow.
How much did Bronx General Post Office sell for?
The reported price is $200.9M (property records) ($1,148 per SF, our calculation), per Bisnow.
How big is Bronx General Post Office?
175K SF building; CUNY bought nearly all of it, as listed from the source.
When was this sale reported?
Reported Sep 21, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.