Updated Jun 30, 2026
Robert Lumaj Acquires Development Site At 1528 Williamsbridge Road Bronx For $3 Million
1528 Williamsbridge Road
$3,000,000
$800/SF
Building Size
3,750 SF
Asset Type
Development Site
Closing
Jun 8, 2026
About this deal
AI
1528 Williamsbridge Road is a development site located in the Westchester Square market of Bronx, featuring a total square footage of 3,750 and a sale price of $3,000,000. The price per square foot stands at $800, while the building square footage is listed as 21,599 with a price per building square foot of $139.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,000,000
- Buyer: Robert Lumaj
- Seller: 1528 KA Realty Inc
- Sale Date: 06/08/2026
Robert Lumaj, via 1528 Williamsbridge LLC, has acquired the property from 1528 KA Realty Inc., with intentions for a ground-up development on the site.
On the Map
$3,000,000
$800/SF
Development Site
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Players
Williams Bridge Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93