Wesley Fuller Acquires Multifamily Property On Oak Street In Greenpoint, Brooklyn For $3.8M

The multifamily property located at 99 Oak Street in Greenpoint, Brooklyn has been sold in a recent transaction. The sale took place on June 27, 2022, with Wesley Fuller as the buyer and Andrew C Murray as the seller. The property, with a lot size of 2,000 square feet and dimensions of 20 ft x 100 ft, is zoned as R6B and falls under tax class 1.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,800,000
• Building Square Footage: 4,000
• Price per Building Square Foot: $950
• Lot Square Footage: 2,400
• Price per Square Foot: $1,583
• Last Sale Price: $1,785,000 (12/01/2016)
• FAR: 1.20

The transaction involved the purchase of the multifamily property by Wesley Fuller from Andrew C Murray for a total amount of $3,800,000. The building itself spans 4,000 square feet, with a price per building square foot of $950. The lot size, on the other hand, is 2,400 square feet, resulting in a price per square foot of $1,583. The property's floor area ratio (FAR) is 1.20, and its last sale prior to this transaction was on December 1, 2016, at a price of $1,785,000.