Verde Electric Acquires Industrial Property On 35 Bertel Avenue In Lower Westchester County, NY
35 Bertel Avenue
8,000 SF
Summary
An industrial/flex building located at 35 Bertel Avenue in Mount Vernon, NY (Lower Westchester County) was recently sold in a record sale. The property consists of a single story warehouse/office with 16' ceilings, spanning 4,000 square feet, and a contiguous 4,000 square feet side yard. The lot size measures approximately 8,000 square feet. Conveniently positioned in Mount Vernon, the property offers easy access to major thoroughfares, including I-95, Bronx River Parkway, Hutchison River Parkway, and US-1/Boston Rd. This high level of accessibility proved to be attractive for commercial owners/users. The property was sold for a price of $1,250,000, equivalent to $312.50 per square foot, which is 25% higher than market comparables in the area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Address: 35 Bertel Avenue
- Market: Lower Westchester County
B6 Real Estate, a NYC-based firm, facilitated the sale of 35 Bertel Avenue. The brokers involved in the transaction were DJ Johnston and Steven Sperandio from B6 Real Estate. They successfully closed the deal with a local end-user buyer, Verde Electric, who chose to complete the purchase in cash within 45 days. B6 Real Estate's marketing capabilities and structured bidding process proved to be highly effective in suburban markets. If you're looking to sell a property and want to maximize your returns, consider connecting with DJ Johnston or Steve Sperandio to discuss their approach. The team at B6 Real Estate is determined to disrupt the middle market in Westchester County and help clients achieve their goals.
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