Sal D'Avola Acquires Apartment In Concourse Village, Bronx For $10.1M

A residential apartment building located at 1245 Findlay Avenue in the Concourse Village area of the Bronx has been sold in a closed transaction. The property is zoned as R7-1 and is classified as an apartment building under the asset type. The transaction took place on June 23, 2021.

Summary of transation details

• Property Type: Apartment
• Transaction Amount: $10,154,036
• Market: Concourse Village, Bronx

The buyer of the property is Sal D'Avola, while the seller is Joseph Friedman. The property was sold for a price of $10,154,036, with a building square footage of 39,560 and a price per square foot of $256. The total lot size is 11,500 square feet, with dimensions of 115 ft x 100 ft.

The property has a floor area ratio (FAR) of 4.25 and is classified under tax class 2. Permits for alteration type 2 were obtained on August 21, 2014.