Jonathan Wiener Acquires Multi Family Property In Bedford Park, Bronx For $9.75M

The property asset involved in the transaction is a multi-family building located at 2976 Marion Avenue in Bedford Park, Bronx. The sale occurred on October 28, 2021, with a transaction amount of $9,750,000. The property features a total square footage of 67,930 and a building size factor (BSF) of 49,500, resulting in a price per square foot (PPSF) of $144 and price per building square foot (PPBSF) of $197. The zoning classification for this asset is R7B, with a floor area ratio (FAR) of 4.12, and it is categorized under tax class 2. The lot size measures 16,500 square feet with dimensions of 150 ft x 110 ft.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $9,750,000
• Address: 2976 Marion Avenue
• Market: Bedford Park, Bronx
• Square Footage: 67,930
• BSF: 49,500
• PPBSF: $197
• PPSF: $144
• FAR: 4.12
• Tax Class: 2
• Lot Size: 16,500
• Lot Dimension: 150 ft x 110 ft
• Buyer: Jonathan Wiener
• Seller: Arthur Green
• Last Sale Price: $0 (12/29/2006)

Key individuals involved in this transaction include the buyer, Jonathan Wiener, and the seller, Arthur Green, each playing a crucial role in completing the deal for the multi-family property in the Bronx market. Their participation signifies the ongoing activity in this sector and underlines the importance of brokers in facilitating such transactions.