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2612 West 15th Street

Shkelqim Koci Acquires Development Site From Marylou Lantieri In Brooklyn For $1.3M
SOLDDevelopment Site

Shkelqim Koci Acquires Development Site From Marylou Lantieri In Brooklyn For $1.3M

2612 West 15th Street

$1,300,000

$667/SF

Building Size

1,949 SF

Asset Type

Development Site

Closing

Feb 19, 2026

AI

The asset involved in this transaction is a development site located at 2612 West 15th Street in Brooklyn. The property has a total square footage of 1,949 and was sold for $1,300,000, translating to a price per square foot of $667.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,300,000
  • Address: 2612 West 15th Street
  • Market: Brooklyn
  • Square Footage: 1,949
  • Price per Square Foot: $667
  • Buyer: Shkelqim Koci
  • Seller: Marylou Lantieri
  • Brokers: Vito Angelo & Billy Apter - Re/Max

The key individuals involved in this transaction include buyer Shkelqim Koci and seller Marylou Lantieri, with representation from brokers Vito Angelo and Billy Apter of Re/Max. Notably, Vito Angelo is a top-producing agent, and both brokers encourage homeowners to consider a market appraisal to ensure they are aware of their property’s value.

Players

Vito Angelo

Re/Max

Broker

$79M

vol

39 deals

Broker

Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93