Updated Aug 12, 2025
Marcus & Millichap Sells DaVita Dialysis Net-Leased Medical Office In Bronx For $4.2M
1615 Eastchester Road
$4,200,000
$297/SF
Building Size
14,110 SF
Asset Type
Medical Office
Closing
Aug 7, 2025
About this deal
AI
The sale involved a 14,110-square-foot net-leased DaVita Dialysis medical office property located at 1615 Eastchester Road in the Bronx. The asset, categorized as Medical Office, sold for $4,200,000 in the Bronx market, at approximately $298 per square foot.
Summary of transation details:
- Property Type: Medical Office
- Transaction Amount: $4,200,000
- Address: 1615 Eastchester Road
- Market: Bronx
- Size: 14,110 SF
- Price per SF: $298
- Brokers: Daniel Chumbley, Sean Sharko & Austin Weisenbeck - Marcus & Millichap
- Date: 08/07/2025
The deal was led by Marcus & Millichap brokers Daniel Chumbley, Sean Sharko and Austin Weisenbeck, who represented the seller and the buyer in this transaction. The asset had been owned by the seller’s family since the 1950s, and the sale drew multiple offers over asking within 10 days.
Players
Bronx Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93