New York, NY – November 13, 2019 – Cushman & Wakefield today announced that the real estate services firm has been retained on an exclusive basis to market for sale 1476 East 222nd Street, a 17,195-square-foot industrial warehouse in the Baychester section of 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.
“1476 East 222nd Street is located within an Opportunity Zone and is ideal for a last mile delivery or local business looking for quick access to New York City and the North East Corridor,” said Berniker.
“The Opportunity Zone provides incredible tax incentives and makes this property prime for both an investment and a business Opportunity Fund,” added Squires.
1476 East 222nd Street is a 17,195-square-foot single-story warehouse in the Baychester neighborhood of the Bronx. Located in an Opportunity Zone on the southwest corner of 222nd Street and Edson Avenue, the property is currently owner-occupied and will be delivered vacant. The property is M1-1 zoned, has 21’ ceilings and comes equipped with four drive-in garages, one of which has a loading dock. Additionally, there is a mezzanine level with a separate entrance that provides office space above the warehouse.
This property is ideal for an end user or investor looking for a well-located space that provides easy access to multiple roadways. The property is located near I-95, US-1 and the Hutchinson River Parkway. The 5 train is easily accessible via the Baychester Subway Station, located within walking distance to the property.
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.