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Paul Sohayegh Acquires Industrial Property In Bronx For $1.2M

3145 Bailey Avenue
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This Industrial property located in NY was sold for $1,200,001 over 3 years ago. The brokers of the deal were Jonathan Squires, Eric Roth, and Addison Berniker

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.

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Deals
  • Location
    3145 Bailey Ave, The Bronx, NY 10463, USA3145 Bailey Ave, The Bronx, NY 10463, USA
  • Sale Price
    $1,200,001$1,200,001
    $70 PPSF$70 PPSF
  • Area
    17,124 SF17,124 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Jonathan Squires

Jonathan Squires

Deals54
Sold$488.8M

Eric Roth

Eric Roth

Deals28
Financed$714.4M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

Deal Summary

SALE IMAGE: Addison Berniker, Eric Roth, Jonathan Squires DATE: 07/29/2020 ADDRESS: 3145 Bailey Avenue MARKET: Bronx ASSET TYPE: Industrial SALE PRICE: $1,200,000 BSF: 17,124 PPBSF: $70 SELLER: Herb Freedman BUYER: Paul Sohayegh BROKERS: Addison Berniker, Eric Roth, Jonathan Squires – Cushman & Wakefield

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3145 Bailey Avenue

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