Sami Souid Acquires MultiFamily Property In Gravesend, Brooklyn For $4M

The multi-family property located at 2044 Ocean Parkway in Gravesend, Brooklyn was recently sold. The property, with a lot size of 3,813 square feet and dimensions of 29.33 ft x 130 ft, is zoned as R5, OP. The transaction took place on February 28, 2022, with a sale price of $4,000,000. The building has a total square footage of 4,766, resulting in a price per square foot of $839. The living area of the property measures 2,745 square feet, making the price per square foot for the residential space $1,457. The property has a floor area ratio (FAR) of 0.72 and falls under tax class 1.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $4,000,000
• Lot Size: 3,813 square feet
• Lot Dimension: 29.33 ft x 130 ft
• Market: Gravesend, Brooklyn

The buyer in this transaction is Sami Souid, while the seller is Joseph Dushey.