Elliot Elo Acquires Multifamily Property In Gravesend, Brooklyn For $4.7M

The multifamily property located at 36 Colin Place in Gravesend, Brooklyn has been sold in a closed transaction. The property is zoned R4 with an OP designation and has a lot size of 3,300 square feet. The building has a total of 2,475 square feet of buildable space (BSF) and a price per buildable square foot (PPBSF) of $1,898. The property's total square footage is 2,607, with a price per square foot (PPSF) of $1,802. The transaction took place on November 17, 2022, with a sale price of $4,700,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $4,700,000
• Market: Gravesend, Brooklyn
• Zoning: R4, OP
• Lot Size: 3,300 square feet
• BSF: 2,475
• PPBSF: $1,898
• Total Square Footage: 2,607
• PPSF: $1,802

The buyer in this transaction is Elliot Elo, while the seller is Alex Missry. The property has a FAR (Floor Area Ratio) of 0.79 and falls under tax class 1. The lot dimensions are 30 feet by 110 feet. The property has previously undergone an alteration permit in 2000.