About Us

925 Capital is a Manhattan-based real estate investment firm, specializing in value-added acquisitions and developments in the emerging markets of NYC’s outer boroughs. We invest our own capital and that of our investment partners on an opportunistic basis, generating superior risk-adjusted returns by identifying under-valued properties and changing neighborhoods, ahead of the market.

925 Capital has been active in the Bronx since 2014, having completed a diverse set of investments ranging from raw development land, to value-add multifamily, to the repositioning of industrial assets for commercial use. We are flexible entrepreneurs who value integrity above all else. We are actively looking for investment partners and new geographies to implement our vision about the growing trends in urbanization, and the impact on local real estate markets.


Learn more about our properties


  • Jonathan Yunason, Principal

    Jonathan Yunason is a real estate developer and investor with 12 years of experience in the NYC real estate market, with a focus on sourcing and re-positioning underutilized assets with unique value-added strategies. Jonathan’s experience stretches across all of NYC’s five boroughs, having spotted emerging trends and neighbourhoods before other investors, getting onto the ground running and taking positions on an attractive basis. He has closed transactions and managed properties hands-on across multiple asset classes, from the ground up hotel development and operation, to new retail developments and re-developments, to extracting hidden value from under-rented multi-family buildings in changing sub-markets.

    David Flusberg, Principal

    Mr. Flusberg is an investor and developer with 15 years of experience in Private Equity, Real Estate, and Corporate Strategy.In 2004, Mr. Flusberg was one of the founders of Adama Holding Public Ltd., where he served as a Board Director and President of the company until its sale to a major European Refund in 2011. At Adama, Mr. Flusberg presided over the explosive growth story of one of the CEE region’s largest and most successful real estate platforms, backed by institutional investors through a series of private equity deals totaling more than $300 million and listed on the Tel Aviv Stock Exchange.Prior to entering the Real Estate industry, Mr. Flusberg was a Strategy Consultant at The Boston Consulting Group’s New York City of ce, where he worked for four years advising senior executives at major Fortune 500 corporations, in Property- related fields as well as other industries, on issues related
    to corporate strategy, mergers & acquisitions, operations, marketing, and organizational structure. Mr. Flusberg holds a BA in Economics from Harvard University, where he graduated with honors.

Get In Contact With Us