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

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SOLD
$1,500,000

New York

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MultiFamily3,000 SF
Sold 03/11/2022
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SOLD

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

183 Kingsland Avenue, Brooklyn, New York 11222, United States

See Similar Deals
MultiFamily3,000 SF
Sold 03/11/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$500
Total Square Footage:3,000 SF
Transaction Type:Sale

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.

Players

14 deals$18M volume
BUYER

Details

SOLD
IMAGE: Enrico Ferri DATE: 03/11/2022 ADDRESS: 183 Kingsland Ave MARKET: Greenpoint, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6B BUYER: Enrico Ferri - Unicorn Properties Group (@UnicornPropertiesGroup) SELLER: Anthony Cotignola SALE PRICE: $1,500,000 SF: 3,000 ~ PPSF: $500 FAR: 1.50 TAX CLASS: 1 LOT SIZE: 2,000 LOT DIMENSION: 20 ft x 100 ft NOTE FROM @UnicornPropertiesGroup: We are active buyers searching for 1-5 unit properties in Brooklyn, Queens & Manhattan. We have a preference for single & multi-unit properties for rehabilitation, condo-conversion or residential development(minimum 20k buildable). For more info please contact: Enrico Ferri Senior Director of Real Estate Acquisitions Cell: 917-905-8940 Email: [email protected] 426 Lafayette Ave., Brooklyn, NY 11238

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