Sal D'Avola Acquires Multifamily Property In University Heights, Bronx For $8.3M

A multifamily property located at 2290 Davidson Avenue in University Heights, Bronx has been sold in a recent transaction. The property is zoned as R7-1 and has a lot size of 11,500 square feet. The sale took place on June 23, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,335,403
• Market: University Heights, Bronx

The buyer of the property is Sal D'Avola, while the seller is Joseph Friedman. The sale price for the property was $8,335,403, with a building size of 39,560 square feet and a price per square foot of $210. The total square footage of the property is 62,100, resulting in a price per square foot of $134. The property has a floor area ratio (FAR) of 5.40.

The property is classified under tax class 2 and has received permits for alteration type 3 on December 26, 2014. The dimensions of the lot are 115 ft x 100 ft.