James Grasso Of Cohabs Acquires Multifamily Property From Richard Thypin For $4.2M

A multifamily property was acquired for $4,200,000. This four-unit property spans 7,740 BSF, equating to a price per BSF of $543. The property, located at 1162 Pacific Street in the Crown Heights neighborhood of Brooklyn, has a total square footage of 7,296, resulting in a price per square foot of $576.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Address: 1162 Pacific Street
• Market: Crown Heights, Brooklyn
• BSF: 7,740
• PPBSF: $543
• SF: 7,296
• PPSF: $576
• Buyer: James Grasso - Cohabs
• Seller: Richard Thypin
• Seller Representative: Ben Thypin

The buyer, James Grasso, represented by Cohabs, acquired the property from Richard Thypin's Pacific Street Owner, LLC. The transaction involves the entity 1162 Pacific LLC acquiring the property.