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Mark E. Guindi Acquires Multifamily Property On Lafayette Avenue For $3.25M

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SOLD
$4,525,000

New York

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MultiFamily3,573 SF
Sold 05/17/2021
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Property Image
SOLD

Mark E. Guindi Acquires Multifamily Property On Lafayette Avenue For $3.25M

96 Fort Greene Place, Fort Greene, Brooklyn, NY, USA

See Similar Deals
MultiFamily3,573 SF
Sold 05/17/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,266
Total Square Footage:3,573 SF
Transaction Type:Sale

The property asset involved in this transaction is located at 65 Lafayette Avenue, Fort Greene, Brooklyn, and is classified as a multifamily asset. The sale price for the property was $3,250,000, with a building square footage of 6,400, resulting in a price per building square foot of $507. The property also has a square footage of 3,200, equating to a price per square foot of $1,015. The zoning for the asset is R7A and C2-4, with a floor area ratio (FAR) of 2.00, and it falls under tax class 2A. The lot size measures 1,600 with dimensions of 25.5 ft x 84 ft, and alteration permits were filed for this property on June 14, 2019.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $3,250,000
  • Buyer: Mark E. Guindi
  • Seller: Barbara Corcoran
  • Building Square Footage: 6,400
  • Price per Building Square Foot: $507
  • Square Footage: 3,200
  • Price per Square Foot: $1,015
  • Floor Area Ratio (FAR): 2.00
  • Tax Class: 2A
  • Lot Size: 1,600
  • Lot Dimension: 25.5 ft x 84 ft
  • Permits: Alteration 2 (06/14/2019)

The individuals involved in this transaction include Mark E. Guindi, who acted as the buyer, and Barbara Corcoran, the seller of the property. The transaction reflects the interests of both parties in the dynamic Fort Greene market, highlighting a notable exchange in the multifamily sector.

Players

14 deals$39.9M volume
BROKER

Mark Guindi
14 deals$39.9M volume
BUYER

Details

SOLD
IMAGE: 12/30/2021 ADDRESS: 65 Lafayette Avenue MARKET: Fort Greene, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R7A, C2-4 BUYER: Mark E. Guindi SELLER: Barbara Corcoran PRICE: $3,250,000 BSF: 6,400 ~ PPBSF: $507 SF: 3,200 ~ PPSF: $1,015 FAR: 2.00 TAX CLASS: 2A LOT SIZE: 1,600 PERMITS: Alteration 2 (06/14/2019) LOT DIMENSION: 25.5 ft x 84 ft

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