Prologis pays $18.4M for industrial in Soundview

Prologis through the entity 1120 Bronx River Avenue Pe LLC paid $18.4 million to Marlene A. Holas through the entity Watclo Realty Inc. for industrial (F4) at 1125 Close Avenue in Soundview, Bronx.
The deal closed on September 30, 2021 and was recorded on October 14, 2021.
The property has 66,800 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $274 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Marlene A. Holas was Marlene A. Holas. The signatory for Prologis was Jason Bost .
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.

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