New York, NY –August 29, 2019 – Cushman & Wakefield today announced that the real estate services firm has been retained on an exclusive basis by the owner to market for sale 307 City Island Avenue, a 4,500-square-foot mixed-use property on City Island in the Bronx.
A Cushman & Wakefield team consisting of Jonathan Squires, Addison Berniker, Michael Fioravanti, Josh Neustadter and Shayne Soltan will be leading the marketing efforts on behalf of the property’s seller.
“This corner property presents a rare opportunity to own one of the two grocery stores on City Island in the Bronx,” said Jonathan Squires of Cushman & Wakefield. “The building is ideal for an owner-occupier looking to live and/or work in a mixed-use property or an investor seeking to own prime corner real estate on the main thoroughfare of City Island.”
307 City Island Avenue is located on the southwest corner of City Island Avenue and Fordham Street. The two-story property contains a commercial unit, which has been a grocery store for more than 50 years, and two residential units, including a three bedroom and Junior 4. The property will be delivered vacant and provides future ownership with the flexibility of a live-plus income scenario or as a solid investment property in one of the strongest retail markets in the Bronx.
307 City Island Avenue is located on City Island, a neighborhood in the Bronx. The property is centrally located on the island and is accessible by multiple bus lines that canvass the area.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.