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Samuel Palace Acquires Apartment Building In Crown Heights, Brooklyn For $4.9M

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SOLD
$4,875,000

New York

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MultiFamily11,073 SF
Sold 03/01/2022
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Property Image
SOLD

Samuel Palace Acquires Apartment Building In Crown Heights, Brooklyn For $4.9M

1314 Eastern Parkway, Brooklyn, New York 11233, United States

See Similar Deals
MultiFamily11,073 SF
Sold 03/01/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$440
Total Square Footage:11,073 SF
Transaction Type:Sale

The property located at 1314 Eastern Parkway in Crown Heights, Brooklyn has been sold. The apartment building has a total square footage of 11,073, with a price per square foot of $440. The building has a buildable square footage of 10,894, with a price per buildable square foot of $447. The transaction took place on March 1, 2022, and the buyer is Samuel Palace, while the seller is Isaac Abraham. The property was sold for a total price of $4,875,000. The lot size is 4,483 square feet, with dimensions of 39 ft x 108 ft. The property is classified as a 2B tax class and has a floor area ratio (FAR) of 2.47. The last recorded sale of the property was for $5,000,000 on November 29, 2016, and there was an alteration permit issued on December 26, 2012.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $4,875,000
  • Market: Crown Heights, Brooklyn
  • Zoning: R6
  • Buyer: Samuel Palace
  • Seller: Isaac Abraham
  • Building Square Footage: 11,073
  • Price per Square Foot: $440
  • Buildable Square Footage: 10,894
  • Price per Buildable Square Foot: $447
  • Lot Size: 4,483 square feet
  • Tax Class: 2B
  • Floor Area Ratio (FAR): 2.47
  • Last Sale Price: $5,000,000 (11/29/2016)
  • Permits: Alteration 2 (12/26/2012)
  • Lot Dimensions: 39 ft x 108 ft

Note: No additional details were provided regarding the property.

Players

Isaac Abraham
15 deals$160.8M volume(516) 426-5844
BROKER

Details

SOLD
IMAGE: 03/01/2022 ADDRESS: 1314 Eastern Parkway MARKET: Crown Heights,Brooklyn ASSET TYPE: Apartment ~ ZONING: R6 BUYER: Samuel Palace SELLER: Isaac Abraham PRICE: $4,875,000 BSF: 10,894 ~ PPBSF: $447 SF: 11,073 ~ PPSF: $440 FAR: 2.47 TAX CLASS: 2B LOT SIZE: 4,483 LAST SALE PRICE: $5,000,000 (11/29/2016) PERMITS: Alteration 2 (12/26/2012) LOT DIMENSION: 39 ft x 108 ft

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