Sal D'Avola Acquires Multifamily Property On Walton Avenue In Fordham, Bronx For $7.2M

A multifamily property located at 2160 Walton Avenue in Fordham, Bronx has been sold in a closed transaction. The property has a zoning classification of R8 and offers a total of 60,200 square feet of buildable space. The sale took place on June 23, 2021, with Sal D'Avola purchasing the property from Joseph Friedman for a price of $7,274,534. The property has a price per buildable square foot of $120 and a price per square foot of $181 for the existing 40,100 square feet.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $7,274,534
• Market: Fordham, Bronx
• Zoning: R8
• Buyer: Sal D'Avola
• Seller: Joseph Friedman
• Buildable Square Feet (BSF): 60,200
• Price per Buildable Square Foot (PPBSF): $120
• Existing Square Feet (SF): 40,100
• Price per Square Foot (PPSF): $181

The transaction involved Sal D'Avola as the buyer and Joseph Friedman as the seller. The property is situated on a lot with dimensions of 107.33 feet by 89.67 feet, and it has a total lot size of 10,000 square feet. Additionally, permit records indicate that an alteration type 2 permit was issued for the property on August 4, 2014.