Greenbrook Partners pays $11M to LW Developers for 22 units in Bushwick

Greenbrook Partners paid $11 million to LW Developers for three rental buildings in Bushwick, Brooklyn, in three separate transactions.

In the first, Greenbrook Partners through the entity Greenbrook Thr Owner II, L.L.C. paid $3.8 million to LW Developers through the entity Starr Two Six LLC for eight-unit rental (C1) at 26 Starr Street in Bushwick, Brooklyn.
The deal closed on July 2, 2021 and was recorded on July 21, 2021.
The property has 5,600 square feet of built space and 475 square feet of additional air rights for a total buildable of 6,075 square feet according to PincusCo analysis of city data. The sale price per built square foot is $678 and the price per buildable square foot is $625 per the PincusCo analysis.
The owner bought the property on 27-Feb-14, for $600,000.
The signatory for LW Developers was Lazar Waldman.
(320959058)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 8 residential units on December 2, 2015. (320959058) Plans for a 8-unit, 5,401 square-foot R-2 were filed on April 9, 2014 and were permitted on December 30, 2014.

Direct link to Acris document. link

In the second, Greenbrook Partners through the entity Greenbrook Thr Owner II, L.L.C. paid $3.8 million to LW Developers through the entity Starr Two Eight LLC for eight-unit rental (C1) at 28 Starr Street in Bushwick, Brooklyn.
The deal closed on July 2, 2021 and was recorded on July 21, 2021.
The property has 5,600 square feet of built space and 475 square feet of additional air rights for a total buildable of 6,075 square feet according to PincusCo analysis of city data. The sale price per built square foot is $678 and the price per buildable square foot is $625 per the PincusCo analysis.
The owner bought the property on 27-Feb-14, for $500,000.
The signatory for LW Developers was Lazar Waldman.
(320940611)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 8 residential units on December 28, 2015. (320940611) Plans for a 8-unit, 5,401 square-foot R-2 were filed on April 4, 2014 and were permitted on December 30, 2014.

Direct link to Acris document. link

In the third, Greenbrook Partners through the entity Greenbrook Thr Owner II, L.L.C. paid $3.5 million to LW Developers through the entity 22 Starr Street LLC for six-unit rental (C2) at 22 Starr Street in Bushwick, Brooklyn.
The deal closed on July 2, 2021 and was recorded on July 21, 2021.
The property has 4,595 square feet of built space and 260 square feet of additional air rights for a total buildable of 4,860 square feet according to PincusCo analysis of city data. The sale price per built square foot is $754 and the price per buildable square foot is $713 per the PincusCo analysis.
The owner bought the property on 14-May-14, for $472,000.
The signatory for LW Developers was Lazar Waldman.
(321064370)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 6 residential units on July 26, 2017. (321064370) Plans for a 6-unit, 4,400 square-foot R-2 were filed on December 26, 2014 and were permitted on August 25, 2016.

Direct link to Acris document. link