Arben Mitaj Acquires Development Site In Fordham Heights, Bronx For $7M

Arben Mitaj, operating as 2180 Walton LLC, has acquired a block-through development site at 2180 Walton Avenue and 2183 Morris Avenue in Fordham Heights, Bronx for a total sale price of $7 million. The property is located in an area known as Fordham Heights and is a development site with a total buildable area of 78,206 square feet. The purchase price per buildable square foot is approximately $90.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $7,000,000
• Address: 2180 Walton Avenue & 2183 Morris Avenue, Fordham Heights, Bronx
• Market: Fordham Heights, Bronx
• Buyer: Arben Mitaj (2180 Walton LLC)
• Seller: Barry Leo (Morris Walton Owners LLC)
• Buildable Square Footage: 78,206
• Price per Buildable Square Foot: $90

The buyer, Arben Mitaj, is represented by his own entity 2180 Walton LLC. The seller, Barry Leo, is represented by his entity Morris Walton Owners LLC. The transaction took place on 07/27/2023, with the buyer acquiring the property from the seller for a total sale price of $7 million.