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.
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