Jack Guttman Acquires Industrial Assets In Hunts Point, South Bronx For $15.9M

Three industrial properties located at 1180 Randall, 1194 Randall, and 531 Tiffany in Hunts Point, South Bronx have been sold in a recent transaction. The buyer of these properties is Jack Guttman, while the seller's representatives are Bradley Evans and David Simone from Concourse Realty. The sale price for this transaction amounted to $15,860,000. These properties have a total square footage of approximately 50,000 and a price per square foot of $317.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $15,860,000
• Address: 1180 Randall, 1194 Randall, and 531 Tiffany
• Market: Hunts Point, South Bronx

Feinberg Bros represented the buyer, Jack Guttman, in this deal, with Tom Cisco acting as their representative. Bradley Evans and David Simone, on the other hand, represented the seller, providing their expertise through their affiliation with Concourse Realty. It's worth mentioning that Concourse Realty Partners is a full-service commercial real estate firm with a specific focus on the Bronx market.

If you have any inquiries or wish to discuss your own Bronx real estate, you can reach out to Bradley Evans at [email protected] or David Simone at [email protected].