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

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SOLD
$10,154,036

New York

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MultiFamily48,875 SF
Sold 06/23/2021
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SOLD

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

1245 Findlay Avenue, West Bronx, Bronx, NY, USA

See Similar Deals
MultiFamily48,875 SF
Sold 06/23/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$207
Total Square Footage:48,875 SF
Transaction Type:Sale

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.

Players

17 deals$181.6M volume
BUYER

17 deals$279.3M volume
SELLER

Details

SOLD
IMAGE: 06/23/2021 ADDRESS: 1245 Findlay Avenue MARKET: Concourse Village,Bronx ASSET TYPE: Apartment ~ ZONING: R7-1 BUYER: Sal D'Avola SELLER: Joseph Friedman PRICE: $10,154,036 BSF: 39,560 ~ PPBSF: $256 SF: 48,875 ~ PPSF: $207 FAR: 4.25 TAX CLASS: 2 LOT SIZE: 11,500 PERMITS: Alteration type 2 (08/21/2014) LOT DIMENSIONS: 115 ft x 100 ft

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