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    Simone Development

    1250 Waters Place
    Bronx, NY 10461
    (718) 215-3000
    Website

    Simone Development is a privately held, commercial and residential real estate owner and developer based in the Bronx, New York. The firm was founded by Pat Simone and is now led by Joseph Simone, president.

    The company has more than 100 properties with more than 5 million square feet in New York, New Jersey and Connecticut, composed of commercial, healthcare, industrial, retail and residential assets.

    The company operates through several divisions, including its management division, Simone Metro Properties, under Simone Development Companies.

    • Event Office Leasing
    • Address 2510 Westchester Avenue
    • Neighborhood Parkchester
    • Borough Bronx
    • Square feet 1,592
    • Publication Date 09/18/2020
    • Event Date 09/14/2020
    • Party 1 Simone Development
    • Party 2 United Probation Officers Association
    notes
    The organization inked a 10-year lease for the Parkchester location.
    • Event Office Leasing
    • Address 2510 Westchester Avenue
    • Neighborhood Parkchester
    • Borough Bronx
    • Square feet 4,000
    • Publication Date 09/18/2020
    • Event Date 09/14/2020
    • Party 1 Simone Development
    • Party 2 Unlimited Care Nursing Services
    notes
    The home care provider signed a 7-year lease for the Parkchester building.
    • Event Financing
    • Address 200 East 66th Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Price $ 11,000,000
    • Publication Date 01/17/2020
    • Event Date 01/13/2020
    • Party 1 Simone Development
    • Party 2 Mahopac Bank
    notes
    The lender issued a loan of $11 million for the Upper East Side property.
    • Event Sales
    • Address 535 Zerega Avenue
    • Neighborhood Soundview
    • Borough Bronx
    • Price $ 28,500,000
    • Publication Date 12/27/2019
    • Event Date 12/19/2019
    • Party 1 Simone Development Companies
    • Party 1 Brokerage GFI Realty
    • Party 1 Broker Erik Yankelovich, Zakary Levin
    • Party 2 Blackstone Group
    • Party 2 Brokerage GFI Realty
    • Party 2 Broker Erik Yankelovich, Zakary Levin
    notes
    The buyer acquired the Soundview property for $28.5 million.
    • Event Sales
    • Address 537 Zerega Avenue
    • Neighborhood Soundview
    • Borough Bronx
    • Square feet 74,250
    • Price $ 28,500,000
    • Publication Date 12/27/2019
    • Event Date 12/19/2019
    • Party 1 Simone Development, 535 Zerega Realty
    • Party 2 Blackstone Group
    notes
    The buyer bought the Soundview property for $28.5 million.
    • Event Retail Leasing
    • Address 1250 Waters Place
    • Neighborhood Parkchester
    • Borough Bronx
    • Square feet 6,583
    • Publication Date 06/28/2019
    • Event Date 06/27/2019
    • Party 1 Simone Development
    • Party 1 Brokerage Simone Development
    • Party 1 Broker James MacDonald
    • Party 2 Burke Rehabilitation
    notes
    The physical rehabilitation center inked a lease for the Parkchester building.
    • Event Office Leasing
    • Address 535 Zerega Avenue
    • Neighborhood Soundview
    • Borough Bronx
    • Square feet 26,486
    • Price per foot $ 19.00
    • Publication Date 06/20/2019
    • Event Date 06/18/2019
    • Party 1 Simone Development, CSJA Realty
    • Party 1 Brokerage Simone Development
    • Party 1 Broker Josh Gopan
    • Party 2 Krispy Kreme
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Neil Seth, Kenji Ota
    notes
    The doughnut chain inked a lease for the Soundview location at $19 per square foot.
    • Event Office Leasing
    • Address 1185 Commerce Avenue
    • Neighborhood Unionport
    • Borough Bronx
    • Square feet 13,526
    • Price per foot $ 18.50
    • Publication Date 10/01/2018
    • Event Date 09/26/2018
    • Party 1 Simone Development Company
    • Party 1 Brokerage Simone Metro Properties
    • Party 1 Broker James MacDonald, Josh Gopan
    • Party 2 Aclara
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Michael McCarthy
    notes
    The tech solution company signed a 5-year lease for the Unionport space which had an asking rent of $18.5 per square foot.
    • Event Office Leasing
    • Address 1185 Commerce Avenue
    • Neighborhood Unionport
    • Borough Bronx
    • Square feet 27,845
    • Price per foot $ 18.50
    • Publication Date 10/01/2018
    • Event Date 09/26/2018
    • Party 1 Simone Development Company
    • Party 1 Brokerage Simone Metro Properties
    • Party 1 Broker James MacDonald, Josh Gopan
    • Party 2 Landauer Medstar
    • Party 2 Brokerage Cleva/Philips Real Estate Services
    • Party 2 Broker Frank Dean, Brian Cleva
    notes
    The medical supply company inked a 10-year lease for the Unionport space which had an asking rent of $18.5 per square foot.
    • Event Office Leasing
    • Address 1200 Waters Place
    • Neighborhood Pelham Bay
    • Borough Bronx
    • Square feet 11,935
    • Publication Date 09/24/2018
    • Event Date 09/18/2018
    • Party 1 Simone Development Company
    • Party 2 ENT and Allergy Associates
    notes
    The medical center inked a deal to expand its lease for the Pelham Bay building.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 2,000
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Rehab World
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 2,260
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Metro Vein
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 2,400
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Konica Minolta
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 2,500
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Davita Clinical Research
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 4,100
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Bond Brothers
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 4,500
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Davita Home Training
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 34 Marconi Street
    • Neighborhood Schuylerville
    • Borough Bronx
    • Square feet 8,600
    • Publication Date 07/16/2018
    • Event Date 07/10/2018
    • Party 1 Simone Development
    • Party 2 Kidney Medical Associates
    notes
    The tenant inked a lease for the Schuylerville space.
    • Event Office Leasing
    • Address 1250 Waters Place
    • Neighborhood Pelham Bay
    • Borough Bronx
    • Square feet 96,500
    • Publication Date 05/15/2018
    • Event Date 05/09/2018
    • Party 1 Simone Development Companies
    • Party 2 Montefiore Health System
    notes
    The health care system inked a lease in Pelham Bay.
    • Event Financing
    • Address 815 Hutchinson River Parkway
    • Neighborhood Throgs Neck
    • Borough Bronx
    • Square feet 291,401
    • Price $ 68,500,000
    notes
    The shopping center in Throggs Neck secured a $68.5 million refinancing loan.
    • Event Retail Leasing
    • Address 1776 Eastchester Road
    • Neighborhood Hutchinson
    • Borough Bronx
    • Square feet 877
    notes
    The national mobile telecom provider signed a lease for the ground floor of the Hutchinson Metro Center.
    • Event Office Leasing
    • Address 1200 Waters Place
    • Neighborhood Middletown- Pelham Bay
    • Borough Bronx
    • Square feet 49,739
    • Publication Date 07/01/2017
    • Event Date 05/31/2017
    • Party 1 Simone Development
    • Party 1 Brokerage Simone Development
    • Party 1 Broker James D. MacDonald, Josh Gopan
    • Party 2 New Jewish Home
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Brian Weld, Matt Etlinger 
    notes
    The nation's largest not-for-profit geriatric health and rehabilitation center signed a long-term lease for the 1st and 2nd floors.
    • Event Retail Leasing
    • Address 535 Zerega Avenue
    • Neighborhood Castle Hill
    • Borough Bronx
    • Square feet 40,000
    notes
    NYC's nonprofit running organization signed a 10-year triple net lease, for $16.50 per square foot.
    • Event Retail Leasing
    • Address 1390 Spofford Ave
    • Neighborhood Hunts Point
    • Borough Bronx
    • Square feet 73,000
    notes
    LKQ Hunts Point Auto Parts, an auto parts dealer, has signed a 15-year lease for the entire warehouse in Hunts Point.
    • Event Office Leasing
    • Address 1733 Eastchester Road
    • Neighborhood Morris Park
    • Borough Bronx
    • Square feet 10,000
    • Publication Date 05/01/2014
    • Event Date 03/17/2014
    • Party 1 Simone Development
    • Party 2 CenterLight Healthcare
    notes
    The healthcare services company signed a lease for a freestanding office building.
    • Event Retail Leasing
    • Address Lafayette Avenue and Hutchinson River Parkway
    • Neighborhood Throgs Neck
    • Borough Bronx
    • Square feet 165,000
    notes
    The department store signed a lease for a new location at Throggs Neck Shopping Center.
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