Yitzchok Weinberg Acquires Foxhurst, Bronx Apartment Building From Farzad Shahery For $7.98M

An apartment building located at 1027-1029 Westchester Avenue in the Foxhurst neighborhood of the Bronx has been sold for a price of $7,975,000. The property has a total square footage of 25,186 and a price per square foot of $316. The building has a total of 20,434 buildable square feet, with a price per buildable square foot of $390. The lot size is 5,940 square feet, and the lot dimensions are 60 feet by 80 feet. The property is zoned as R7-1 and C1-4, allowing for residential and commercial use. The previous sale price of the property was $8,150,000 in 2018. The buyer in this transaction is Yitzchok Weinberg, and the seller is Farzad Shahery. The transaction took place on May 10, 2022.

Summary of transaction details:

• Property Type: Apartment
• Transaction Amount: $7,975,000
• Market: Foxhurst, Bronx
• Zoning: R7-1, C1-4

Yitzchok Weinberg represented the buyer in this deal, and Farzad Shahery represented the seller.