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

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SOLD
$1,300,000

New York

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Development Site1,949 SF
Sold
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SOLD

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

2612 West 15th Street

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Development Site1,949 SF
Sold
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$667
Total Square Footage:1949 SF
Transaction Type:Sale

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
37 deals$76.3M volume(718) 887-5708
BROKER

Billy Apter
Re/Max
32 deals$64.7M volume(347) 721-6599
BROKER

Details

SOLD
IMAGE: Vito Angelo DATE: 2/20/2026 ADDRESS: 2612 West 15th Street MARKET: Brooklyn ASSET TYPE: Development Site BUYER: Shkelqim Koci SELLER: Marylou Lantieri BROKERS: Vito Angelo (@TheVitoAngeloShow) (@VitoAngeloSellsBrooklyn) & Billy Apter (@TheRealEstateaTeamProf) - Re/Max SALE PRICE: $1,300,000 SF: 1,949 ~ PPSF: $667 NOTE FROM BROKER: Top Producing Agents! Your Home Maybe Worth More Than You Think! New Real Estate Laws Could Impact your Property Value! Let's Make Sure You're Getting Every Dollar You Deserve! Call today to speak with One of our Top Selling Agents Vito Angelo ~ 718-887-5708 or Billy Apter ~ 347-721-6599 Free Real Estate Market Appraisal!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96