Unicorn Properties Group Acquires Multifamily Property On Pacific St. In Cobble Hill For $2.5M

The multifamily property located at 235 Pacific St. in Cobble Hill, Brooklyn has been sold in a recent transaction. The asset, which spans 4,000 square feet, was acquired by the Unicorn Properties Group for a price of $2,500,000. The purchase price translates to a per square foot value of $625. The property is classified as a 2A tax class and is zoned as R6A and C2-4. The sale was facilitated by brokers Ron Cohen and Justin Conway of YC_Buildings_Showcase and Besen Partners respectively.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Image: Justin Conway & Ron Cohen
• Date: 10/29/2020
• Address: 235 Pacific St.
• Market: Cobble Hill, Brooklyn
• Zoning: R6A, C2-4
• Buyer: @UnicornPropertiesGroup
• Seller: Bobby & Carol Casale
• Brokers: Ron Cohen - YC_Buildings_Showcase, Justin Conway - Besen Partners
• Square Feet: 4,000
• Price per Square Foot: $625
• Tax Class: 2A
• Note: The property was put under contract at full asking price in under two weeks of going to market.

The purchase of 235 Pacific St. was completed by the Unicorn Properties Group. The acquisition was made from the sellers, Bobby and Carol Casale. The deal was facilitated by Ron Cohen from YC_Buildings_Showcase and Justin Conway from Besen Partners. The property garnered significant interest, resulting in a contract at the full asking price within two weeks of being listed on the market.