Conway Capital pays $4.2M for 6-unit rental in Park Slope

Abe Cohen’s Conway Capital through the entity 155 5th Avenue CC LLC paid John Delacruz’s 155 5th Avenue Realty LLC $4.2 million for 155 5th Avenue in Park Slope. The deal closed on March 31, 2021 and was recorded on April 19, 2021. The transaction consists of 1 parcel, including the tax class primarily five to six family with store or office (S5) and containing 6 residential units. The property is 7,200 square feet. The parcel(s) have total development potential of 7,200 square feet.
The average sale price per square foot is $587.

The contract date was October 20, 2020.
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 $202,700.

Direct link to Acris document. link
The signatory for the buyer was Abe Cohen.