Paul Sohayegh Acquires Industrial Property In Bronx For $1.2M

An industrial property located at 3145 Bailey Avenue in Bronx has been sold for $1,200,000. The property measures 17,124 square feet, resulting in a price per square foot of $70.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,200,000
• Address: 3145 Bailey Avenue, Bronx
• Market: Bronx

The seller of the property was Herb Freedman, while the buyer was Paul Sohayegh. The sale was facilitated by brokers Addison Berniker, Eric Roth, and Jonathan Squires from Cushman & Wakefield.