David Umansky Of Civic Builders Acquires Office Property In Bronx For $15.9M
1529 Williamsbridge Road
$15,900,000
$1,409/SF
Building Size
11,280 SF
Asset Type
Office
Closing
Jun 5, 2025
About this deal
AI
David Umansky acquired a 11,280-square-foot office property located at 1529 Williamsbridge Road, 1539 Williamsbridge Road & 2583 Poplar Street in Westchester Village, Bronx, for $15.9 million. The transaction was completed on June 5, 2025, resulting in a price per square foot of approximately $1,410.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $15,900,000
- Square Footage: 11,280
- Address: 1529 Williamsbridge Road, 1539 Williamsbridge Road & 2583 Poplar Street
- Market: Westchester Village, Bronx
- Buyer: David Umansky - Civic Builders
- Seller: Anthony Martello
The deal included representation from David Umansky, who is associated with Civic Builders, highlighting the involvement of key stakeholders in this property transaction.
On the Map
$15,900,000
$1,409/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93