Alex T Bruce Acquires Apartment Building In Sheepshead Bay, Brooklyn For $15.3M

An apartment building located at 2815 Coyle Street in Sheepshead Bay, Brooklyn has been sold in a recent transaction. The property is zoned as R5 and has a lot size of 22,200 square feet. The building has a total square footage of 67,044 and a building square footage of 27,750. The sale price for this transaction was $15,340,649, resulting in a price per square foot of $228.

Summary of transation details

• Property Type: Apartment Building
• Transaction Amount: $15,340,649
• Market: Sheepshead Bay, Brooklyn
• Zoning: R5
• Lot Size: 22,200 square feet
• Building Square Footage: 27,750
• Price per Square Foot: $228
• Last Sale Price: $9,000,000 (12/12/2008)
• Permits: Alteration 2 (11/13/2017)
• Lot Dimensions: 222 ft x 100 ft

The buyer in this transaction is Alex T Bruce, while the seller is Arnold S Lehman. The property's floor area ratio (FAR) is 3.02, and it falls under tax class 2.