The objective of this study was to evaluate the applicability of zeolite Y as a catalyst for producing bisphenol F (BPF) from phenol and formaldehyde. Catalyst extrudates were prepared by extrusion after adding pseudoboehmite sol (PS) and Ludox (Lu) as alumina and silica binders, respectively. The compressive strength of the catalyst extrudates increased with the addition of Ludox. However, the formaldehyde conversion decreased as more Ludox was used as a binder, resulting in a decrease in the yield of BPF. This decrease is attributed to the reduction in the total amount of acid sites caused by the addition of Ludox. In this study, the Y_PS5_Lu5 catalyst was selected as the most suitable for BPF synthesis. In the BPF synthesis over the Y_PS5_Lu5 catalyst in a catalyst basket reactor, the optimum reaction temperature was determined to be 110 °C. The effect of stirring speed on the yield of BPF was found to be negligible in the range of 200 rpm to 350 rpm. The spent catalyst was able to recover a specific surface area and reaction activity similar to those of a fresh catalyst through regeneration in an air atmosphere at 500 °C. When the Y_PS5_Lu5 extruded catalyst was used in a continuous reaction in a fixed-bed reactor, there was no noticeable deactivation of the catalyst at low space velocities of the reactants. However, when the space velocity was increased to 18.0 h−1, catalyst deactivation was clearly observed. This suggests that periodic regeneration of the catalyst is inevitable in a continuous reaction using the Y_PS5_Lu5 extruded catalyst.