Joseph Stein Acquires Warehouse In Greenwood Heights, Brooklyn For $3.25M

The property involved in this transaction is a warehouse located at 177 27th Street in the Greenwood Heights neighborhood of Brooklyn. The property is zoned as M1-2D and has a lot size of 6,070 square feet, with dimensions of 60 feet by 101.17 feet. The building has a total square footage of 10,980 and a buildable square footage of 12,140, resulting in a floor area ratio (FAR) of 1.81. The property is classified under tax class 4.

Summary of transaction details

• Property Type: Warehouse
• Transaction Amount: $3,250,000
• Price per Buildable Square Foot (PPBSF): $268
• Price per Square Foot (PPSF): $296
• Last Sale Price: $0.00 (04/09/2001)

The buyer in this transaction is Joseph Stein, and the seller is Thomas Frederick Taylor.

Please note that no additional information regarding the deal's key individuals or companies was available.