Mendel Kaff Acquires Apartment In West Farms, Bronx For $64M

A 264,392 square foot apartment building located at 883 East 180 Street in West Farms, Bronx, has been sold for $64,000,000. The property has a price per square foot of $242 and a total of 181,385 square feet. The building is zoned R7-1 and C1-4, with a floor area ratio (FAR) of 2.36. The tax class of the property is 2, and it has a lot size of 76,858 square feet.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $64,000,000
• Address: 883 East 180 Street, West Farms, Bronx
• Market: West Farms, Bronx
• Zoning: R7-1, C1-4
• Price per Square Foot: $242
• Square Footage: 181,385
• Tax Class: 2
• Lot Size: 76,858 square feet

The buyer of the property is Mendel Kaff, while the seller is Yehoshua L. Fruchthandler. The last recorded sale of the property was on October 31, 2017, for a price of $44,375,000. Additionally, an alteration permit was issued on September 5, 2012. The lot dimension of the property is 285.33 ft x 269.25 ft.