Hang Fei Lin Acquires Mixed-Use Property In Cobble Hill For $2.1M

175 Smith Street, located in the Cobble Hill market, has recently been sold in a mixed-use transaction. The property consists of 3 units, with a total square footage of 3,300. The sale price for this transaction was $2,100,000, equating to a price per square foot of $637. The buyer in this transaction was Hang Fei Lin, while the seller was Bob McDonald.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $2,100,000
• Units: 3
• Price per Unit: $700,000
• Square Footage: 3,300
• Price per Square Foot: $637
• Date: 02/12/2021
• Address: 175 Smith Street
• Market: Cobble Hill

Rich Velotta, from Raven Property Advisors, represented both the buyer, Hang Fei Lin, and the seller, Bob McDonald, in this transaction.