Cushman & Wakefield arranged the sale of 200 Bruckner Blvd. and 715 E.136th St. in the Bronx, two industrial lots totaling 7,011 square feet. The final closing price was $1,500,000, or $214 per square foot for the land.
The firm’s Jonathan Squires and Joshua Neustadter represented the seller.
“200 Bruckner Blvd. and 715 E.136th St. are ideally located, offering convenient transportation into Manhattan and the outer boroughs,” said Squires. “Demand for industrial land in the Bronx has soared over the last few years with a significant need for last mile delivery and other service vehicle storage.”
Located in the Port Morris neighborhood of the Bronx, the industrial lots allow for approximately 14,022 buildable square feet, while use of the community facility bonus allows for a maximum of approximately 33,652 buildable square feet. The sites provide 215 feet of frontage along Bruckner Boulevard.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!