Lloyd Properties pays $5.5M to Kupfermans for 2 walkups in Fort Greene

Lloyd Properties paid $5.5 million to the Kupferman family for two walkups in Fort Greene, Brooklyn, that have a total of 16 units, in two transactions.

In the first, Lloyd Properties through the entity 112 Fort Greene LLC paid $2.9 million to the Kupferman family through the entity Alexus Associates, LLC for the eight-unit residential walkup building (C5) at 112 Fort Greene Place in Fort Greene, Brooklyn. The expected use is cash flowing.
The deal closed on August 26, 2025 and was recorded on September 8, 2025. The property has 3,500 square feet of built space and 743 square feet of additional air rights for a total buildable of 4,250 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $828 and the price per buildable square foot is $682 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on August 1, 2007, for $1.1 million.

In the second, Lloyd Properties through the entity 104 Fort Greene LLC paid $2.6 million to Kupferman Family through the entity 104 Greene Rck Associates LLC for the eight-unit residential walkup building (C5) at 104 Fort Greene Place in Fort Greene, Brooklyn. The expected use is cash flowing.
The deal closed on August 26, 2025 and was recorded on September 8, 2025. The property has 3,440 square feet of built space and 860 square feet of additional air rights for a total buildable of 4,300 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $755 and the price per buildable square foot is $604 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on June 22, 2017, for $2.5 million. The signatory for Kupferman Family was Neil Kupferman . The signatory for Lloyd Properties was David Lloyd . The contract date was March 13, 2025.

Lev Mavashev of Alpha Realty brokered the sale.

Prior sales and revenue

The former owners according to the Department of Housing Preservation and Development includes Scott Kupferman, head officer and Neil Kupferman, shareholder. The business entity is Alexus Associates Llc. The 3,500-square-foot property generated revenue of $166,250 or $48 per square foot, according to the most recent income and expense figures.

The property

The residential walkup building with 8 residential units in Fort Greene has 3,500 square feet of built space and 743 square feet of additional air rights for a total buildable of 4,250 square feet according to a PincusCo analysis of city data. The parcel has frontage of 21 feet and is 100 feet deep with a total lot size of 2,125 square feet. The zoning is R6B which allows for up to 2 times floor area ratio (FAR) for residential with inclusionary housing. The property is in the Brooklyn Academy of Music Historic District. The city-designated market value for the property in 2022 is $3 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of two of the 11 commercial properties representing 7,000 square feet of the 46,783 square feet. The two identified owners are Imre Kaufman and Scott Kupferman.
On the tax block, there was one new building construction project filed totaling 3,378 square feet. It is a two-unit, 3,378 square-foot residential (R-3) building submitted by Alireza Esmaeilzadeh with plans filed September 15, 2015 and it has not been permitted yet.

The majority, or 44 percent of the 46,783 square feet of built space are specialty buildings, with walkup buildings next occupying 42 percent of the space.

Direct link to Acris document. 112 Ft Greene Place link
Direct link to Acris document. 104 Ft Greene Place link