Steve Locicero pays $2.2M to JPMorgan Chase for retail building in Cobble Hill

Steve Locicero through the entity Hamilton House 79 LLC paid $2.2 million to JPMorgan Chase for the retail building (K7) at 79 Hamilton Avenue in Cobble Hill, Brooklyn.
The deal closed on August 11, 2021 and was recorded on August 19, 2021.
The property has 4,300 square feet of built space and 1,840 square feet of additional air rights for a total buildable of 6,135 square feet according to PincusCo analysis of city data. The sale price per built square foot is $523 and the price per buildable square foot is $366 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 signatory for JPMorgan Chase was Joshua Walker. The signatory for Steve Locicero was Steve Locicero.
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 were 3 renovation/alteration projects (A2) applied for with a total estimated value of $156,629.
Steve Locicero owns the property listed as the care of address for the owner entity.

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