Michael Wahba Acquires Industrial Property In Hunts Point, Bronx For $975,000
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This Industrial property located in NY was sold for $975,000 over 5 years ago. The brokers of the deal were Jonathan Squires, Michael Fioravanti, Joshua (Josh) Neustadter, and Addison Berniker
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- Location1318 Oak Point Avenue, The Bronx, NY, USA
- Sale Price$975,000$260 PPSF
- Area3,750 SF
- Asset TypeIndustrial
- Parties4 Brokers, 2 Agencies
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Deal Summary
SALE
IMAGE: Michael Fioravanti, Addison Berniker, Joshua Neustadter and Jonathan Squires
DATE: 12/04/2018
ADDRESS: 1318 Oak Point Avenue
MARKET: Hunts Point, Bronx
ASSET TYPE: Industrial
SELLER: Francesco Brusco
BUYER: Michael Wahba
BROKERS: Michael Fioravanti, Jonathan Squires, Joshua Neustadter, Addison Berniker @CushWake
SALE PRICE: $975,000
SF: 3,750 ~ PPSF: $260
NOTES: Property is located in an Opportunity Zone and was purchased through an Opportunity Fund. The buyer will be able to take advantage of this program which was created in the 2018 Tax Reform Bill.
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1318 Oak Point Avenue
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