Sal D'Avola Acquires Multifamily Property On Walton Avenue In Concourse, Bronx For $9.8M
1177 Walton Avenue
MultiFamily
50,850 SF
50,850 SF
Sold 1 year ago
Summary
Located at 1177 Walton Avenue in the Concourse neighborhood of Bronx, this multifamily property was recently sold in a closed transaction. The property is zoned as R8 and has a floor area ratio (FAR) of 3.39. The total lot size is 15,000 square feet, with lot dimensions measuring 150 ft x 101 ft. The property underwent an alteration permit of type 3 on June 30, 2015.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,850,931
- Buyer: Sal D'Avola
- Seller: Joseph Friedman
- Market: Concourse, Bronx
- Building Square Feet (BSF): 90,300
- Price per BSF: $109
- Total Square Feet (SF): 50,850
- Price per SF: $193
- Tax Class: 2
The buyer, Sal D'Avola, acquired the property from the seller, Joseph Friedman. The property was sold for a price of $9,850,931, with a building square footage of 90,300 and a price per building square foot of $109. The total square footage of the property is 50,850, with a price per square foot of $193. The transaction took place on June 23, 2021.
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1177 Walton Avenue
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