Esther Toporovsky Acquires Multifamily Property On 969 Amsterdam Avenue, Manhattan Valley For $5.4M

The multifamily property located at 969 Amsterdam Avenue in Manhattan Valley has been sold in a closed transaction. The property is zoned as R8A and C2-5, allowing for residential and commercial development. The transaction took place on October 13, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,427,219
• Address: 969 Amsterdam Avenue
• Market: Manhattan Valley
• Zoning: R8A, C2-5

The buyer of the property is Esther Toporovsky, while the seller is Meyer Orbach. The transaction price for the property was $5,427,219, with a building square footage (BSF) of 15,152 and a price per BSF of $358. The property's total square footage is 9,313, with a price per square foot (PPSF) of $582.

The property has a floor area ratio (FAR) of 3.70 and falls under tax class 2. The lot size is 2,517. The previous sale of the property took place on February 17, 2012, for a price of $3,478,571. An alteration permit was issued on August 9, 2012. The lot dimensions are 25.17 ft x 100 ft.