Adam Semler Acquires Multifamily Property On Henry Street For $4M

The multifamily property located at 274 Henry Street in Brooklyn Heights, Brooklyn has been sold in a closed transaction. The property is zoned as R6 with an LH-1 designation and has a lot size of 2,266 square feet. It features a total square footage of 6,005, with a building square footage (BSF) of 5,506. The price for this transaction was $4,000,000, resulting in a price per building square footage (PPBSF) of $726, and a price per square footage (PPSF) of $666. The property has a floor area ratio (FAR) of 2.65 and is classified under tax class 2B. Alteration permits were issued on June 4, 1999, under type 2.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Market: Brooklyn Heights, Brooklyn
• Zoning: R6, LH-1
• Lot Size: 2,266 square feet
• Square Footage: 6,005 (BSF: 5,506)
• Price per Building Square Footage: $726
• Price per Square Footage: $666
• Floor Area Ratio: 2.65
• Tax Class: 2B
• Permits: Alteration type 2 (06/04/1999)

The buyer of the property is Adam Semler, while the seller is Peter Athineos. There are no further details available regarding the individuals or companies involved in the transaction.