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1481 Blondell Avenue
SOLD

Marc Pogostin Acquires Industrial Property On Blondell Avenue In Westchester Village, Bronx For $3.8M

1481 Blondell Avenue

Industrial
14,580 SF
clock iconSold 1 year ago
Joshua (Josh) Neustadter
Jonathan Squires
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Summary

Sale
NEW YORK
Industrial
14,580 sqft

An industrial property located at 1481 Blondell Avenue in Westchester Village, Bronx has been sold for a price of $3,800,000. The property spans 14,580 square feet, resulting in a price per square foot of $261. The transaction took place on June 18, 2021.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $3,800,000
  • Address: 1481 Blondell Avenue, Westchester Village, Bronx
  • Square Footage: 14,580
  • Price per Square Foot: $261
  • Market: Westchester Village, Bronx

The buyer of the property was Marc Pogostin, while the seller was BYD Automotive, a company backed by Warren Buffett's Berkshire Hathaway. The seller's representatives in the transaction were Jonathan Squires and Josh Neustadter from CushWake. It is worth noting that BYD Automotive is an electric car maker that produces various types of vehicles, including electric cars, buses, trucks, electric bicycles, forklifts, and rechargeable batteries.

Players

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    3

  • Agents

    2

  • Agencies

    1

Joshua (Josh) Neustadter's profile picture
Joshua (Josh) Neustadter
Cushman & Wakefield-image
Senior Associate
$364.7M Sold
Jonathan Squires's profile picture

Details

Deal Summary
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SOLD
IMAGE: Josh Neustadter, Warren Buffett & Jonathan Squires DATE: 06/18/2021 ADDRESS: 1481 Blondell Avenue MARKET: Westchester Village, Bronx ASSET TYPE: Industrial BUYER: Marc Pogostin SELLER: BYD Automotive - Warren Buffett 👑 🔮 SELLER’S REP: Jonathan Squires & Josh Neustadter @CushWake SALE PRICE: $3,800,000 SF: 14,580 ~ PPSF: $261 LAST SALE PRICE: $1,550,000 (6/2014) NOTE: BYD Automotive, the electric car maker is backed by Warren Buffet’s Berkshire Hathaway. The company produces cars, buses, trucks, electric bicycles, forklifts and rechargeable batteries. The current model range of automobiles includes electric vehicles, plug-in hybrid vehicles and petrol engine vehicles.

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Address1481 Blondell Avenue

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