Wolf Family Purchases Industrial Properties At 1758 Webster Avenue And 1801 Carter Avenue For $5.6M

The transaction involved an industrial asset located at 1758 Webster Avenue & 1801 Carter Avenue in the Tremont market of the Bronx. The property was sold for $5,600,000, encompassing a total square footage of 18,993, resulting in a price per square foot of $294.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,600,000
• Sale Date: 6/19/2026
• Buyer: Wolf Family
• Seller: Toonkel Family
• Brokers: Jared Friedman & David Roman - Investment Property Realty Group
• Notable Note: First time offered for sale in 80+ years.

Jared Friedman and David Roman from Investment Property Realty Group represented the transaction, marking a significant deal as the property had been established in 1930 and operated under the same family for over eight decades before being brought to market.