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Sal D'Avola Acquires Multifamily Property In Fordham, Bronx For $8M

Property Image
SOLD
$8,032,298

New York

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MultiFamily44,100 SF
Sold 06/23/2021
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Property Image
SOLD

Sal D'Avola Acquires Multifamily Property In Fordham, Bronx For $8M

373 East 188th Street, Bronx, NY, USA

See Similar Deals
MultiFamily44,100 SF
Sold 06/23/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$182
Total Square Footage:44,100 SF
Transaction Type:Sale

The multifamily property located at 373 East 188 Street in the Fordham neighborhood of Bronx has been sold in a closed transaction. The property is zoned as R7-1, C2-4 and has a total building size of 36,120 square feet. The buyer of the property is Sal D'Avola, while the seller is Joseph Friedman. The transaction took place on June 23, 2021, and the sale price was $8,032,298.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $8,032,298
  • Market: Fordham, Bronx
  • Zoning: R7-1, C2-4

The property has a total lot size of 10,500 square feet, with dimensions of 100 ft x 97.5 ft. The price per square foot for the property is $182, while the price per buildable square foot is $222. The property has a total square footage of 44,100. The floor area ratio (FAR) of the property is 4.20, and it falls under tax class 2.

Permits for alteration type 2 were issued for the property on April 12, 2018. These details provide insights into the characteristics and specifications of the property, showcasing its potential and value within the Fordham market.

Players

17 deals$181.6M volume
BUYER

17 deals$279.3M volume
SELLER

Details

SOLD
IMAGE: 06/23/2021 ADDRESS: 373 East 188 Street MARKET: Fordham,Bronx ASSET TYPE: Multifamily ~ ZONING: R7-1, C2-4 BUYER: Sal D'Avola SELLER: Joseph Friedman PRICE: $8,032,298 BSF: 36,120 ~ PPBSF: $222 SF: 44,100 ~ PPSF: $182 FAR: 4.20 TAX CLASS: 2 LOT SIZE: 10,500 PERMITS: Alteration type 2 (04/12/2018) LOT DIMENSIONS: 100 ft x 97.5 ft

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