Cushman & Wakefield Brokers $7M Sale of Development Site in the Bronx

by David Cohen

NEW YORK CITY — Cushman & Wakefield has brokered the $7 million sale of a 69,990 buildable-square-foot development site in the Wakefield neighborhood of the Bronx. Located at 761-775 E. 233rd St., the property currently consists of five separate lots. Nearby retailers in the area include Key Food, T-Mobile, McDonald’s, Rite Aid, Chase Bank and Dunkin’ Donuts. Jonathan Squires, Addison Berniker, Michael Fioravanti and Josh Neustadter of Cushman & Wakefield represented the seller, RW Real Estate Group, in the transaction. The buyer was real estate developer Mark Stagg.

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