Bernard Bauer paid $6M to LSL Services

Bernard Bauer through the entity East 180 Street LLC paid LSL Services Inc. $5.5 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 35 residential units at 306 East 180 Street in Fordham. The deal closed on June 27, 2019 and was recorded on July 19, 2019. The parcel(s) have total development potential of 27,410 square feet.
The sale price per unit is $157,143..
The estimated cap rate is 2.9%

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Direct link to the city’s interactive property map, ZOLA. link

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