Atara Eiger Buys Single Family Home in Riverdale, Bronx for $3.2M

Atara Eiger has purchased a single family home in Riverdale, Bronx from Vikram Patel for 3.2M. The property, located at 4911 Arlington Avenue, has a building square footage of 4,465 with a price per building square foot of 716. The lot size is 8,930 square feet and the property has a floor area ratio of 0.53. The property was previously altered in 2009 and is zoned R1-1, NA-2. The lot dimension is 113.25 ft x 134.42 ft.

The property is located in the Riverdale neighborhood of the Bronx, which has seen a surge in demand for single family homes in recent years. The area is known for its tree-lined streets, large homes, and proximity to Manhattan. The property is situated on a quiet residential street and is within walking distance to local shops, restaurants, and parks.

The buyer, Atara Eiger, is a real estate investor who has been active in the New York City market for several years. Eiger has a reputation for acquiring high-quality properties in desirable neighborhoods and holding them for the long term. The seller, Vikram Patel, is a local resident who has owned the property for several years.

The transaction was brokered by a team from Douglas Elliman Real Estate, including listing agent Michaela Morton and buyer’s agent Michaela Morton. The team has extensive experience in the Riverdale market and was able to negotiate a favorable deal for both parties. The sale of this property is a testament to the strength of the Riverdale market and the continued demand for high-quality single family homes in the area.