Seta Nazarian Acquires Gowanus Multifamily Property For $6.2M From Seller Yechil Landau

A multifamily property located at 137 Prospect Avenue in Gowanus has been sold for a total price of $6,200,000. The property has a building square footage (BSF) of 5,996, with a price per BSF (PPBSF) of $1,034. The total square footage (SF) of the property is 6,805, with a price per SF (PPSF) of $911. The property consists of 9 units, with a price per unit (PPU) of $688,888. The property's zoning is R6B and C2-4, allowing for mixed-use development.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,200,000
• BSF: 5,996
• PPBSF: $1,034
• SF: 6,805
• PPSF: $911
• Units: 9
• PPU: $688,888
• Zoning: R6B, C2-4

The buyer of the property is Seta Nazarian, while the seller is Yechil Landau. The property has a floor area ratio (FAR) of 2.27 and is classified under tax class 2B. The lot size is 2,998 square feet, with lot dimensions measuring 47.5 feet by 58.2 feet. The property was last sold on October 11, 2018, for a price of $2,335,000. A new building permit was issued on January 4, 2019.