John Katz Acquires Multi Family Property In Cobble Hill, Brooklyn For $5.26M

Located in Cobble Hill, Brooklyn, this multi-family property at 36 Verandah Place was recently acquired in a closed transaction. The property spans approximately 3,000 square feet and was sold for a price of $5,260,000. The transaction took place on August 21, 2018. The property is known for its prime location in a landmarked residential neighborhood.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $5,260,000
• Address: 36 Verandah Place
• Market: Cobble Hill, Brooklyn

The seller of the property was Leslie Alexander, while the buyer was John Katz. The deal was facilitated by brokers Steven Novick and Edward Azria. It is worth noting that this acquisition marks the seventh brownstone acquired by Sherwood Equities in Brooklyn over the past two years. Sherwood's focus on prime residential neighborhoods like Park Slope and Fort Greene highlights their commitment to stability and long-term appreciation.