Esther Toporovsky Acquires Multifamily Property On Amsterdam Avenue In Manhattan Valley For $10M

A multifamily property located at 965 Amsterdam Avenue in Manhattan Valley has been sold in a closed transaction. The property is zoned as R8A, C2-5, EC-2 and has a floor area ratio (FAR) of 3.46. The property is classified as tax class 2 and sits on a lot size of 5,033 square feet. The last recorded sale of the property was on February 17, 2012, for a price of $4,568,122. A permit for alteration 2 was issued on March 8, 2019, indicating some modification to the property. The lot dimensions measure 50.33 feet by 100 feet.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,998,639
• Buyer: Esther Toporovsky
• Seller: Meyer Orbach
• Building Square Footage: 17,414
• Price per Square Foot: $574
• Price per Buildable Square Foot: $329

Esther Toporovsky was the buyer in this transaction, while Meyer Orbach served as the seller. The transaction was completed on October 13, 2021. The property has a total square footage of 17,414, and the sale price amounts to $9,998,639. The buyer, Esther Toporovsky, acquired the property from the seller, Meyer Orbach. The sale price per square foot is $574, while the price per buildable square foot is $329.