LAL Property pays $5M to Verco Properties for property in Mott Haven

LAL Property Management Corp. through the entity Lal-Roughlock Carpenter, LLC paid Verco Properties’s Avanti Realty Corp. $5 million for 4206 Carpenter Avenue in Mott Haven. The deal closed on November 23, 2020 and was recorded on December 2, 2020. The transaction consists of 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 30 residential units. The property is 27,500 square feet. The parcel(s) have total development potential of 27,500 square feet.
The sale price per unit is $168,333..

The signatory for Verco was John Verni. The signatory for the buyer was Leslie Lerner of LAL.
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