Matthew Kelly Acquires Vacant Land In West Farms, Bronx For $10.5M

The vacant land located at 2082 Boston Road in West Farms, Bronx has been sold in a recent transaction. The property has a total lot size of 76,664 square feet and is zoned as R8 and R7-1. The lot dimensions measure 243.08 feet by 266.5 feet.

Summary of transaction details

• Property Type: Vacant Land
• Transaction Amount: $10,458,750
• Buyer: Matthew Kelly
• Seller: Matthew Kelly
• Building Square Footage: 461,517
• Price Per Buildable Square Foot: $23
• Lot Square Footage: 200,529
• Price Per Square Foot: $52
• FAR: 2.62
• Tax Class: 2
• Last Sale Price: $0 (01/07/2016)

This transaction involved Matthew Kelly as both the buyer and the seller. The property was sold for a price of $10,458,750. The building on the land has a total square footage of 461,517 and a price per buildable square foot of $23. The lot itself has a square footage of 200,529 and a price per square foot of $52. The FAR (Floor Area Ratio) is calculated at 2.62, and the property is classified as Tax Class 2. The previous sale of the property took place on January 7, 2016, with a sale price of $0.