Eisert Family Sells Industrial Properties At 158 And 164 Locust Avenue In Bronx For $16.2M

The transaction involved two industrial properties located at 158 Locust Avenue and 164 Locust Avenue in the Bronx, with a combined sale price of $16,200,000. The total square footage of the properties is 72,585, resulting in a price per square foot of $223.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,200,000
• Address: 158 Locust Avenue & 164 Locust Avenue
• Market: Bronx
• Square Footage: 72,585
• Price per Square Foot: $223
• Seller: Eisert Family
• Brokers: Mitchel Flaherty - Ripco & Paul Massey - B6 Real Estate Advisors

Mitchel Flaherty and Paul Massey were the brokers representing the seller, Eisert Family, in this transaction. Their involvement was crucial in facilitating the sale of these industrial assets within the Bronx market.