Avery Hall Investments pays $6.7M for mixed-use property in Fort Greene adjacent to church property

Brian Ezra and Avi Fisher’s Avery Hall Investments through the entity 115 Willoughby LLC paid Frank Selnes and Stephen Schipani’s Selnes, Frank $6.7 million for 115 Willoughby Street in Fort Greene. The deal closed on January 24, 2020, and was recorded on February 11, 2020. The transaction consists of 1 parcel, including the tax class primarily one to six families with stores or offices (S9) and containing 2 residential units. The property is 2,736 square feet. The parcel(s) have total development potential of 19,034 square feet.
The average sale price per square foot is $352.

Avery Hall was given a purchase money loan of $3.95 million from the sellers. The Roman Catholic Church owns several neighboring parcels, according to city property records.

Direct link to Acris document. link
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