
Mixed-Use Changes Hands in Pelham Bay
Cushman & Wakefield arranged the sale of 1524-1526 Mayflower Ave., a 6,600-square-foot mixed-use property in the Pelham Bay neighborhood of the Bronx. The final sale price was $1,300,000.
A Cushman & Wakefield team of Jonathan Squires and Michael Fioravanti represented the seller.
“This mixed-use property features a deli, two offices, two apartments, two garages and a parking lot,” said Squires. “Properties like this offer stability through diverse income streams, making them highly desirable sound investments.”
1524-1526 Mayflower Ave. is a three-story, mixed-use building located on the northeast corner of Wellman Avenue and Mayflower Avenue. The building contains seven total units, including one four-bedroom apartment, one three-bedroom apartment, three ground floor commercial units and a contractor’s yard with two garages.
The property is situated in proximity to multiple nearby medical institutions, including Jacobi Hospital, Albert Einstein College of Medicine, Bronx Behavioral Health Center, Montefiore Medical Park and Calvary Hospital.
- ◦Sale