Mendez Gold Acquires Walk-up Apartments Multifamily In Gravesend, Brooklyn For $3.6M

The walk-up apartments - multifamily property located at 1711 East 3 Street in Gravesend, Brooklyn has been sold for a price of $3,600,000. The property has a building square footage (BSF) of 3,209, with a price per BSF of $1,121. The total square footage (SF) of the property is 5,853, with a price per SF of $615. The property is zoned as R5, OP and falls under tax class 2A. The lot size is 2,567, with dimensions of 25.67 ft x 100 ft. The property's floor area ratio (FAR) is 2.28. The last recorded sale of the property was on 3/26/2018 for a price of $3,000,000. It also had an alteration permit of type 2 issued on 06/22/2020.

Summary of transaction details

• Property Type: Walk-up Apartments - Multifamily
• Transaction Amount: $3,600,000
• Market: Gravesend, Brooklyn
• Zoning: R5, OP

The buyer of the property is Mendez Gold and the seller is Mayer Chemtob. No additional information is available about the individuals or companies involved in the transaction.