Emma Neath Acquires 4-Unit Multifamily Building In Cobble Hill, Brooklyn From John And Victoria LaFrancesca For $3.1M

Emma Neath has purchased a multifamily property located at 59 Cheever Place in the Cobble Hill neighborhood of Brooklyn. The four-unit building was sold for a total price of $3.1 million. The property has a total of 4,301 square feet and a price per square foot of $721. Each unit has an average price of $775,000. The building itself spans 2,520 square feet, with an average price per square foot of $1,230.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,100,000
• Address: 59 Cheever Place, Cobble Hill, Brooklyn
• Market: Cobble Hill, Brooklyn
• Buyer: Emma Neath
• Seller: John LaFrancesca & Victoria LaFrancesca
• Units: 4
• Price per Unit: $775,000
• Building Square Footage: 4,301
• Price per Building Square Foot: $721
• Total Square Footage: 2,520
• Price per Square Foot: $1,230

Emma Neath successfully acquired the property from John LaFrancesca and Victoria LaFrancesca for a sales price of $3.1 million. This transaction highlights the demand for multifamily properties in the Cobble Hill market of Brooklyn.