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

Property Image
SOLD
$3,500,000

New York

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MultiFamily17,700 SF
Sold 06/02/2022
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Property Image
SOLD

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

522 East 142nd Street, The Bronx, New York 10454, United States

See Similar Deals
MultiFamily17,700 SF
Sold 06/02/2022

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$197
Total Square Footage:17,700 SF
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: 06/02/2022 ADDRESS: 522 East 142nd Street MARKET: Mott Haven, Bronx ASSET TYPE: Apartment ~ ZONING: R6 BUYER: Daniel Schwartz SELLER: Chuman Hemraj PRICE: $3,500,000 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

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