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New York & Tri-State  + Uptown/Bronx  + Net Lease  | 

Net-Leased DaVita Dialysis Property Trades in the Bronx

Marcus & Millichap closed the sale of a net-leased DaVita Dialysis property at 1615 Eastchester Rd. in the Bronx for $4.2 million. The 14,110-square-foot property is located in a busy medical corridor near five major hospitals.

“This property has been in the seller’s family since the 1950s, making it a particularly meaningful transaction,” said Daniel Chumbley. “After being home to their family business for decades, the site was redeveloped for DaVita Dialysis in 1995 and has served the community’s healthcare needs ever since. We received multiple offers above list price within just 10 days on the market, highlighting the strong demand for well-located healthcare assets.” 

Chumbley, Sean Sharko and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, marketed the property on behalf of the seller, a multi-generational family corporation, and procured the buyer, a New York City-based group. John Horowitz is the firm’s broker of record in New York. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition