Alexander Deckert Acquires Multifamily Property On Irving Place For $3.375M

The multifamily property located at 59 Irving Place in Clinton Hill, Brooklyn has been sold in a closed transaction. The property, with a lot size of 2,000 square feet and dimensions of 20 ft x 100 ft, is zoned as R6B. The buyer, Alexander Deckert, acquired the property from the seller, Royi Hazan, for a price of $3,375,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,375,000
• Building Floor Area: 4,000 square feet
• Price per Building Square Foot (PPBSF): $843
• Lot Size: 2,000 square feet
• Lot Dimension: 20 ft x 100 ft
• Tax Class: 2A
• Market: Clinton Hill, Brooklyn

The property has a building floor area of 4,000 square feet and a price per square foot (PPSF) of $770. The floor area ratio (FAR) for the property is 2.19. Alexander Deckert, represented by their broker, completed the purchase of the property from Royi Hazan, who was represented by their broker. The transaction closed on November 23, 2022.