MASSEY KNAKAL BROKERS SALE OF FORMER BAKERY IN BRONX FOR $18.75M

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NEW YORK CITY — Massey Knakal has brokered the $18.75 million sale of a mixed-use development site at the former Stella D’oro Bakery at 184-190 W. 237th St. in New York City’s north Bronx. The property sits on 5.2 acres and is comprised of 167,000 square feet, which includes a two-story factory building and a one-story garage/retail complex. The site will be redeveloped into a 162,000-square-foot retail complex. Karl Brumback of Massey Knakal represented the sellers in the transaction. Metropolitan Realty Associates and Angelo, Gordon & Co. purchased the property.

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