New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + Uptown/Bronx  + Industrial  | 

Industrial in Bronx’s Baychester Fetches $3M

Cushman & Wakefield arranged the sale of 1476 E. 222nd St., a 17,195-square-foot industrial warehouse in the Baychester section of the Bronx. The final sale price was $3,250,000.

A Cushman & Wakefield team of Jonathan Squires, Addison Berniker, Michael Fioravanti and Josh Neustadter represented the seller in the transaction.

“This industrial warehouse is located within an Opportunity Zone and offers quick access to New York City and the Northeast Corridor,” said Berniker.

“Prior to closing in May, the buyer was able to find a logistics tenant, demonstrating the true demand for warehouse space right now,” said Squires.

1476 E. 222nd features 21’ ceilings, four drive-in garages and one loading dock. Additionally, there is a mezzanine level with a separate entrance that provides office space above the warehouse. The property was owner-occupied and delivered vacant.


Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Cushman & Wakefield’s SquiresConnect With Cushman & Wakefield’s Berniker

About Paul Bubny

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).