Diane Deluca Acquires Multifamily Property In Pelham Bay Park, Bronx For $3.6M

Located at 20 Shore Road in the Pelham Bay Park neighborhood of Bronx, this multifamily property was recently sold in a closed transaction. The property is zoned as R1-2 and sits on a lot size of 32,202 square feet.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,625,000
• Building Square Footage: 16,101
• Price per Building Square Foot: $225
• Land Square Footage: 7,084
• Price per Land Square Foot: $511
• Floor Area Ratio (FAR): 0.22
• Tax Class: 1

The buyer of this property is Diane Deluca, while the seller is Nancy Kaplan. The transaction took place on May 7, 2021. The property has a total of 7,084 square feet of land and a building that spans across 16,101 square feet. The price per square foot for the building is $225 and for the land is $511. The FAR for this property is 0.22, and it falls under tax class 1.

It is worth noting that an alteration permit of type 2 was obtained for this property on September 5, 2001. The lot dimensions measure approximately 217.58 feet by 148 feet.