Raymond C Chakkalo Acquires Multifamily Property In Homecrest, Brooklyn For $7.55M

A multifamily property located at 1819 East 13 Street in the Homecrest neighborhood of Brooklyn has been sold. The property, which has a total square footage of 20,800, was sold for $7,550,000. The building on the property has a building square footage of 5,400 and a price per building square footage of $1,398. The property has a lot size of 4,000 square feet and a price per square foot of $362. The zoning of the property is R5B, and it has a floor area ratio of 5.20. The tax class of the property is 2B.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,550,000
• Address: 1819 East 13 Street, Homecrest, Brooklyn
• Market: Homecrest, Brooklyn
• Buyer: Raymond C Chakkalo
• Seller: Zvi Gurevich
• Building Square Footage: 5,400
• Price Per Building Square Footage: $1,398
• Total Square Footage: 20,800
• Price Per Square Foot: $362
• Zoning: R5B
• Floor Area Ratio: 5.20
• Tax Class: 2B
• Lot Size: 4,000 square feet
• Permits: New Building (10/19/2004)
• Lot Dimension: 40 ft x 100 ft

This transaction was brokered by Raymond C Chakkalo of an undisclosed agency, representing the buyer, and Zvi Gurevich as the seller.