189 Cooper Street LLC paid $3M to Cooper Bu LLC

189 Cooper Street LLC paid Cooper Bu LLC $2.6 million for 1 parcel, including the tax class two-family, brick (B1) and containing 13 residential units at 189 Cooper Street in Bushwick. The deal closed on May 01, 2019 and was recorded on July 22, 2019. The parcel(s) have total development potential of 10,932 square feet.
The sale price per unit is $200,440..
The estimated cap rate is 5.0%
The last time the property sold was August 06, 2014, for $1,145,000.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel.There has been one new building permit application totaling 8,792 square feet. Those plans include a total of 13 residential or hotel units. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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