Kave Pourzanjani Acquires Multifamily Property In Greenpoint, Brooklyn For $3.45M

A multifamily property located at 169 Bayard Street in Greenpoint, Brooklyn has been sold. The property is zoned as R6B and consists of a 2,400 square foot lot. The building has a total square footage of 3,264 and a buildable square footage of 4,800. The price for this transaction was $3,450,000, with a price per buildable square foot of $718 and a price per square foot of $1,056. The property has a floor area ratio (FAR) of 1.36 and is classified as tax class 1. This property was last sold on November 13, 2019, for $2,999,000. It received alteration permits on April 13, 2018, under permit type "Alteration 2." The lot dimensions are 24 feet by 100 feet.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Market: Greenpoint, Brooklyn
• Buyer: Kave Pourzanjani
• Seller: Seth Schochet

Kave Pourzanjani represented the buyer in this transaction. Seth Schochet represented the seller.