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1615 Eastchester Road

Marcus & Millichap Sells DaVita Dialysis Net-Leased Medical Office In Bronx For $4.2M
SOLDMedical Office

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

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:

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

Austin Weisenbeck

Marcus & Millichap

Broker

$316.5M

vol

53 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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