Updated Nov 2, 2026
1534 Williamsbridge Road
1534 Williamsbridge Road
$5,350,000
Building Size
—
Asset Type
Development Site
Closing
Oct 20, 2026
About this deal
AI
The development site located at 1534 Williamsbridge Road in the Bronx has been sold for $5,350,000. This property has a built square footage of approximately 65,204 and a price per square foot of $82. The site includes additional air rights purchased from the neighboring property.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,350,000
- Buyer: Robert Lumaj
- Seller: Troy Perez & Tony Martello
- Brokers: Jacob Rahmani, Yoel Rahmani & Itanel Rahmani - Venture Capital Properties
This transaction was facilitated by brokers Jacob Rahmani, Yoel Rahmani, and Itanel Rahmani, representing the seller in the deal. They can be contacted for inquiries regarding development sites or other commercial real estate opportunities in the Bronx, Queens, Brooklyn, or NYC.
On the Map
$5,350,000
Development Site
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Bronx 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93