David Cleghorn Acquires Multifamily Property In Williamsbridge For $25M

A multifamily property located at 3034-3042-3046 Holland Avenue, 1233 White Plains Road, and 1058 Teller Avenue in Williamsbridge has been sold for a total price of $25,047,904. The property features a total building square footage of 37,159 with a price per square foot of $674. The lot size is 3,500 square feet with dimensions of 35 ft x 100 ft. The previous sale of the property was recorded on April 4, 2019, for a price of $9,281,893. The recent transaction took place on July 8, 2021, and included permits for alteration type 2 issued on March 2, 2021. The property falls under the R6 and C1-3 zoning regulations and has a floor area ratio (FAR) of 2.44. The tax class for this property is class 2.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $25,047,904
• Buyer: David Cleghorn
• Seller: Salvatore D'Avola
• Building Square Footage: 37,159
• Price per Square Foot: $674
• Lot Size: 3,500 square feet
• Last Sale Price: $9,281,893 (04/04/2019)
• Permits: Alteration type 2 (03/02/2021)
• Zoning: R6, C1-3
• Lot Dimensions: 35 ft x 100 ft

The buyer of the property is David Cleghorn, while the seller is Salvatore D'Avola. This transaction signifies the transfer of ownership of the multifamily property in Williamsbridge. The deal was closed on July 8, 2021, with a total transaction amount of $25,047,904. The property's building square footage of 37,159 and a price per square foot of $674 contributed to the valuation. Additionally, the property has previously undergone alteration type 2 permits, indicating recent modifications.