Avelardo Carrera Acquires Garage In Bushwick, Brooklyn For $3.65M

The property asset involved in the transaction is a Garage located at 915 Knickerbocker Avenue in Bushwick, Brooklyn. The property is zoned as M1-1 and has a lot size of 15,000 square feet. The lot dimensions are 100 ft x 150 ft. The property was last sold on March 15, 1984, for $0. The current sale transaction took place on October 28, 2021.

Summary of transaction details

• Property Type: Garage
• Transaction Amount: $3,650,000
• Market: Bushwick, Brooklyn
• Buyer: Avelardo Carrera
• Seller: Nicholas Tricarico
• Building Square Footage: 15,000 square feet
• Price per Square Foot: $243
• Tax Class: 4
• Floor Area Ratio (FAR): 1.00

Avelardo Carrera acted as the buyer in the transaction, while Nicholas Tricarico represented the seller. The sale price for the garage was $3,650,000, with a price per square foot of $243. The property has a building square footage of 15,000 square feet. The transaction also included information on the tax class, which is classified as 4, and the FAR, which is 1.00.