Eli Kaufman pays $10.4M to Moshe Blum for 3 new multifamily properties in Bushwick

Eli Kaufman acquired three adjacent, newly built, rental properties in Bushwick for a total of $10.37 million, through three separate transactions.

In the first, Eli Kaufman through the entity Himrod 100 LLC paid Moshe Blum’s 100 Himrod Street Ii LLC $3.5 million for 100 Himrod Street in Bushwick. The deal closed on February 27, 2020, and was recorded on March 19, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 8 residential units. The property is 5,792 square feet. The parcel(s) have total development potential of 6,067 square feet.
The average sale price per square foot is $570.

The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 8 residential (or hotel) units on August 20, 2018.
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 has been one new building permit application totaling 5,492 square feet. Those plans include a total of 8 residential or hotel units. There has been one demolition project filed for the parcels over the past five years. The demolition included 2 residential units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

In the second, Eli Kaufman through the entity Himrod 96 LLC paid Moshe Blum’s 100 Himrod Street LLC $3.5 million for 96 Himrod Street in Bushwick. The deal closed on February 27, 2020, and was recorded on March 19, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 7 residential units. The property is 4,882 square feet. The parcel(s) have total development potential of 5,113 square feet.
The average sale price per square foot is $676.

The last time the property sold was June 11, 2015, for $820,000.
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 7 residential (or hotel) units on August 23, 2018.
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 has been one new building permit application totaling 4,590 square feet. Those plans include a total of 7 residential or hotel units. There has been one demolition project filed for the parcels over the past five years. The demolition included 3 residential units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

In the third, Eli Kaufman through the entity Himrod 98 LLC paid Moshe Blum’s 100 Himrod Street I LLC $3.5 million for 98 Himrod Street in Bushwick. The deal closed on February 27, 2020, and was recorded on March 19, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 8 residential units. The property is 5,559 square feet. The parcel(s) have total development potential of 5,823 square feet.
The average sale price per square foot is $594.

The last time the property sold was June 11, 2015, for $850,000.
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 8 residential (or hotel) units on August 20, 2018.
Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 5,274 square feet. Those plans include a total of 8 residential or hotel units. There have been 2 demolition projects filed over the past five years. The demolition included 4 residential units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link