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
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