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1529 Williamsbridge Road

David Umansky Of Civic Builders Acquires Office Property In Bronx For $15.9M
SOLDOffice

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

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.

Players

CB
Civic BuildersBuyer

Bronx Office Market Snapshot

Boundary boundary · Office · Sale transactions

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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