Anthony LaConte pays $11.5M to Investors Bank for property in Brooklyn Heights

Anthony LaConte through the entity Investors Court Street, LLC paid Investors Bank $11.5 million for 81 Court Street in Brooklyn Heights. The deal closed on November 10, 2020, and was recorded on November 30, 2020. The transaction consists of 1 parcel, including the tax class office building with two to six stories (O2). The property is 15,000 square feet.
The average sale price per square foot is $767.

The predecessor bank (Brooklyn Federal) purchased the property January 4, 1965. The contract date was August 3, 2020. Investors Bank president Dominic Cama signed for the seller.

Yesterday, PincusCo reported that Rybak Development had paid JPMorgan Chase $26 million for a bank location in Manhattan.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $62,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA.
The signatory for the buyer or lender was Anthony LaConte

Share this article