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Lombardi Family Purchases Bronx Multifamily Property From Gashi Family For $1.5M

Property Image
SOLD
$1,500,000
Yosef Katz
Shlomo Antebi
+ 1

New York

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Property Image
SOLD

Lombardi Family Purchases Bronx Multifamily Property From Gashi Family For $1.5M

1537 White Plains Road

See Similar Deals
MultiFamily13,280 SF
Sold
Yosef Katz
Shlomo Antebi
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$113
Total Square Footage:13280 SF
Transaction Type:Sale

The asset involved in this transaction is a multi-family property located at 1537 White Plains Road in the Bronx market. The sale was concluded at a price of $1,500,000, encompassing a total square footage of 13,280, which translates to a price per square foot of $112.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,500,000
  • Address: 1537 White Plains Road
  • Market: Bronx
  • Square Footage: 13,280
  • Price Per Square Foot: $112
  • Buyer: Lombardi Family
  • Seller: Gashi Family
  • Broker Representatives: Nate Pilchick, Yosef Katz, Shlomo Antebi & Erik Yankelovich - Atlas Realty Group

Key individuals involved in the transaction include the buyer, Lombardi Family, and the seller, Gashi Family. The deal was facilitated by the broker representatives from Atlas Realty Group: Nate Pilchick, Yosef Katz, Shlomo Antebi, and Erik Yankelovich.

Players

Erik Yankelovich
124 deals$1B volume
BROKER

Yosef Katz
Atlas Realty Group
130 deals$1.1B volume
BROKER

Shlomo Antebi
Atlas Realty Group
135 deals$994.4M volume
BROKER

Nate Pilchick
Atlas Realty Group
12 deals$48.3M volume
BROKER

Details

SOLD
IMAGE: Shlomo Antebi, Yosef Katz, Erik Yankelovich & Nate Pilchick DATE: 12/31/2025 ADDRESS: 1537 White Plains Road MARKET: Bronx ASSET TYPE: MultiFamily BUYER: Lombardi Family🏈 SELLER: Gashi Family BROKERS: Nate Pilchick, Yosef Katz, Shlomo Antebi & Erik Yankelovich (@Eyfromny) - Atlas Realty Group SALE PRICE: $1,500,000 SF: 13,280 ~ PPSF: $112

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18