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Cushman & Wakefield Tapped to Sell 37,856-Buildable-Square-Foot Site in the Bronx

2/18/2020
BRONX, NY - Cushman & Wakefield announced today that the firm has been retained on an exclusive basis to arrange for the sale of 3737 and 3739 White Plains Road, two properties totaling 37,856-buildable-square-feet, located in the Williamsbridge neighborhood of the Bronx.

A Cushman & Wakefield team of Jonathan Squires, Stephen Preuss, Charlie Dupont, Addison Berniker and Shayne Soltan are representing the seller in all marketing efforts.

“This offering presents potential buyers with the opportunity to maximize their return on investment; a user could purchase and occupy turnkey properties in an up-and-coming neighborhood, a developer could build a nearly 40,000 square foot mixed-use building or an investor could quickly lease out the building as a covered land play,” said Squires. “Located on the area’s main retail corridor of White Plains Road, this site will prove to be in high demand.”

3737 and 3739 White Plains Road are respectively a mixed-use property and commercial building available for sale as a package or individually. The existing buildings contain two residential apartments and one commercial unit with an additional Class A 6,030-square-foot warehouse and office building on a separate tax lot. The property currently has two tenants in the residential units, while the retail and warehouse component will be delivered vacant.

3737 and 3739 White Plains Road are situated within proximity to the White Plains Road retail corridor as well as Van Cortlandt Park, Mosholu Golf Course and multiple medical institutions. This property is located one block from the 219th Street subway station with access to the 2 and 5 trains.

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 approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 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.

Media Contact

Michael Boonshoft New York Communications
Michael Boonshoft

Communications Director • New York