Daniel Schwartz Acquires Apartment In Mott Haven, Bronx For $3.5M

The property located at 522 East 142nd Street in Mott Haven, Bronx, was recently sold in a closed transaction. The apartment building, which falls under the R6 zoning, has a total building square footage (BSF) of 12,150. The price of the property was $3,500,000, resulting in a price per building square footage (PPBSF) of $288. The total lot size is 5,000 square feet, with lot dimensions measuring 50 feet by 100 feet. The property's floor area ratio (FAR) is 3.54, and it is classified as tax class 2. A permit for alteration 2 was issued on April 7, 2009.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $3,500,000
• Market: Mott Haven, Bronx
• Buyer: Daniel Schwartz
• Seller: Chuman Hemraj
• BSF: 12,150
• PPBSF: $288
• SF: 17,700
• PPSF: $197
• FAR: 3.54
• Tax Class: 2
• Lot Size: 5,000
• Permits: Alteration 2 (04/07/2009)
• Lot Dimension: 50 ft x 100 ft

Daniel Schwartz acted as the buyer in this transaction, while Chuman Hemraj served as the seller. The deal was successfully closed on June 2, 2022.