Marcos Kohn pays $9M to Moses Neuman for new multifamily property in Williamsburg

Marcos Kohn through the entity 51 Lynch LLC paid Moses Neuman’s 49 Properties Ny LLC $8.8 million for 51 Lynch Street in Williamsburg. The deal closed on October 28, 2019, and was recorded on November 8, 2019. The transaction consists of 1 parcel, including the tax class multifamily, five to six families (C2) and containing 5 residential units. The property is 7,355 square feet. The parcel(s) have total development potential of 8,276 square feet.
The average sale price per square foot is $1,061.

The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 5 residential units on June 4, 2019.
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 7,430 square feet. Those plans include a total of 5 residential 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