86 Kal LLC paid $4M to Alex & Nick, Inc.

86 Kal LLC paid Alex & Nick, Inc. $4.0 million for 1 parcel, including the tax class retail building with apartments above (K4) and containing 2 residential units at 86 Court Street in Brooklyn Heights. The deal closed on July 02, 2019 and was recorded on July 19, 2019. The parcel(s) have total development potential of 7,050 square feet.
The average sale price per square foot is $813.
The estimated cap rate is 3.1%

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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