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

Property Image
SOLD
$7,274,534

New York

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MultiFamily40,100 SF
Sold 06/23/2021
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Property Image
SOLD

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

2160 Walton Avenue, Bronx, NY, USA

See Similar Deals
MultiFamily40,100 SF
Sold 06/23/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$181
Total Square Footage:40,100 SF
Transaction Type:Sale

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.

Players

17 deals$181.6M volume
BUYER

17 deals$279.3M volume
SELLER

Details

SOLD
IMAGE: 06/23/2021 ADDRESS: 2160 Walton Avenue MARKET: Fordham,Bronx ASSET TYPE: Multifamily ~ ZONING: R8 BUYER: Sal D'Avola SELLER: Joseph Friedman PRICE: $7,274,534 BSF: 60,200 ~ PPBSF: $120 SF: 40,100 ~ PPSF: $181 FAR: 4.01 TAX CLASS: 2 LOT SIZE: 10,000 PERMITS: Alteration type 2 (08/04/2014) LOT DIMENSIONS: 107.33 ft x 89.67 ft

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