Bronx Buyer Pays $4M for Two Lots, Files to Demolish Both

A single buyer put $4 million into two neighboring Bronx lots on one day in June and has now filed to knock down everything standing on them.

1528 Williamsbridge LLC took title to 1528 Williamsbridge Road for $3,000,000 and to 1526 for $1,000,000, both on June 8, 2026, according to the city register deeds. Both were recorded June 23. The Department of Buildings then received a full-demolition filing for 1528 on Oct. 1, 115 days after the deed, and a second for 1526 on Oct. 9, 123 days after.

Why it matters

Demolition is the step that turns a purchase into a site. Both filings are for buildings with no dwelling units, so nothing residential is being removed, and the pairing of two adjoining lots under one buyer points to a combined parcel. The filings do not say what replaces the buildings, and we are not guessing.

The numbers

The $4.0 million buys two tax lots in Westchester Square, block 4082, lots 18 and 15. Job X01465953-I1 covers a 1-story building with 5,000 sq ft of floor area. Job X01468829-I1 covers a 2-story building with 1,820 sq ft. Together that is 6,820 sq ft of existing floor area, or about $587 per sq ft of existing building area at the combined price. That figure is a building-area measure only: the city records we pulled do not give lot size, so we cannot state a land price.

Each filing lists a $15,000 construction cost, in line with a demolition-only scope, and both name Atlantis Development Inc as owner. Both jobs cite a fence filing, X01459676-I1-FN, as the companion permit.

What’s next

As of this morning the first job is in plan examiner review, and the second is awaiting plan examiner assignment. Watch for a new-building filing on either lot, which would show the intended use and unit count. Compare the pattern with the Poplar Street demolition filing and see the wider New York market page.