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Monday, March 18th, 2019

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Pelham Bay Diner Sold for $10+ Million

The Pelham Bay Diner property has been sold after 37 years of operation.
(photo/Alex Mitchell via The Bronx Times)

The iconic, award-winning Pelham Bay Diner was bought last week by Jeff Sutton for $10.25 million. First reported by The Real Deal and expanded on by The Bronx Times, the 37-year-old diner was purchased shortly after Sutton’s group, Wharton Properties, bought property in Brooklyn for $22 million.

While Sutton is known for owning buildings such as the Times Square Swarovski, he owns many spots across the Bronx. The Pelham Bay Diner is just the latest acquisition made by the man who also owns the Westchester Square Duane Reade and the Hillside Finance Station on Boston Road.

The diner, known for its Greek specialties and breakfasts, has served Mayor Bloomberg, Super Bowl Champion Willie Colon, and former Bronx Borough President Fernando Ferrer. The future of the space is unknown.

Read the full February 22, 2019 article by Alex Mitchell in THE BRONX TIMES…

Read the full February 13, 2019 article by Mary Diduch in THE REAL DEAL…

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