Unicorn Properties Group Acquires Multifamily Property In Greenpoint, Brooklyn For $1.5M

An undisclosed multifamily property located at 183 Kingsland Ave in Greenpoint, Brooklyn has been sold in a closed transaction. The property was sold by Anthony Cotignola to Enrico Ferri of Unicorn Properties Group. The sale took place on March 11, 2022, with a sale price of $1,500,000. The property spans across 3,000 square feet, resulting in a price per square foot of $500. The lot size is 2,000 square feet with dimensions of 20 ft x 100 ft. The property falls under the tax class 1 and has a zoning of R6B with a floor area ratio of 1.50.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Market: Greenpoint, Brooklyn
• Buyer: Enrico Ferri - Unicorn Properties Group
• Seller: Anthony Cotignola

Enrico Ferri, the Senior Director of Real Estate Acquisitions at Unicorn Properties Group, represented the buyer in this transaction. Unicorn Properties Group is actively seeking 1-5 unit properties in Brooklyn, Queens, and Manhattan, with a preference for single and multi-unit properties suitable for rehabilitation, condo-conversion, or residential development with a minimum buildable area of 20,000 square feet. For more information, Enrico Ferri can be contacted via phone at 917-905-8940 or email at [email protected]. The office address is 426 Lafayette Ave., Brooklyn, NY 11238.