Bronx, NY – Cushman & Wakefield announced today that the firm has been retained on an exclusive basis to arrange for the sale of 1334 East Gun Hill Road, a 6,100-square-foot retail and office property located in the Bronx.
A Cushman & Wakefield team consisting of Jonathan Squires, Shayne Soltan, Michael Fioravanti, Josh Neustadter and Addison Berniker will lead all marketing efforts on behalf of the seller.
“The location of this property is ideal for an investor due to its location on Gun Hill Road and the growing development activity in the area,” said Soltan.
“The high volume of both car and foot traffic that the property receives on a daily basis will be a great benefit to retail and office tenants in terms of getting their brands good visibility,” added Squires.
1334 East Gun Hill Road is a 6,100-square-foot retail and office property located in the Bronx on the southwest corner of East Gun Hill Road and Fish Avenue. The property is comprised of three office spaces and one retail space, boasting approximately 135’ of wraparound frontage. There are two buildings within one tax lot and the property holds R6B and C2-3 zoning. The property currently has three tenants.
1334 East Gun Hill Road is located just steps away from the Gun Hill Road subway station, which is served by the 5 train as well a multiple bus lines in the area. The property is located within close proximity to the Montefiore Hospital, Bay Plaza Shopping Center and the Boston Road retail corridor.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
