Greenbrook Thr Owner Ii, L.l.c. Acquires Multifamily Property On Locust Street, Bushwick For $3.48M

The multifamily property located at 17 Locust Street in Bushwick has been sold for $3,475,000. The property has a building square footage of 2,500 and a price per building square footage of $1,390. The total lot size is 2,500 square feet, with a lot dimension of 25 ft x 100 ft. The property falls under tax class 2A and has a floor area ratio (FAR) of 1.65. The previous sale of the property took place on November 22, 2016, for a price of $1,800,000. An alteration permit was issued on December 29, 2016.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,475,000
• Market: Bushwick
• Address: 17 Locust Street
• Zoning: M1-1
• Building Square Footage: 2,500
• Price per Building Square Footage: $1,390
• Total Lot Size: 2,500 square feet
• Lot Dimension: 25 ft x 100 ft
• Tax Class: 2A
• Previous Sale Price: $1,800,000 (11/22/2016)

The buyer in this transaction is Greenbrook Thr Owner Ii, L.l.c., while the seller is Phillip Miller. Please note that no additional information about the deal's key individuals or companies is available.