Erik J Kenward Acquires Multifamily Property In Greenpoint, Brooklyn For $3.825M

The multifamily property located at 112 Oak Street in Greenpoint, Brooklyn has been sold for a price of $3,825,000. The property has a building square footage (BSF) of 4,650 and a price per BSF (PPBSF) of $822. The total square footage (SF) of the property is 1,976, with a price per square foot (PPSF) of $1,936. The property has a floor area ratio (FAR) of 0.85 and falls under tax class 1. The lot size is 2,325 and the previous sale price of the property was $3,150,000 on May 4, 2020. An alteration permit was obtained on August 19, 2021, and the lot dimensions are 25 ft x 89 ft.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,825,000
• Market: Greenpoint, Brooklyn
• Zoning: R6B

Erik J Kenward has purchased the property from Sandor Krauss. The buyer's representative in the deal was not specified.