Ross Banon Acquires Apartment In Williamsburg, Brooklyn For $8.8M

An apartment located at 148 South 4th Street in Williamsburg, Brooklyn was recently sold for a total price of $8,846,154. The property has a building square footage (BSF) of 5,346, resulting in a price per BSF of $1,654. The apartment itself spans over 4,840 square feet, with a price per square foot (PPSF) of $1,827. The lot size is 2,200 square feet, with dimensions of 22 ft x 100 ft. The property falls under the M1-2/R6, MX-8 zoning classification, and has a floor area ratio (FAR) of 2.20. It is classified under tax class 2B. The property was subject to an alteration permit on September 16, 2014.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $8,846,154
• Address: 148 South 4th Street
• Market: Williamsburg, Brooklyn
• Buyer: Ross Banon
• Seller: Joel Schwartz

Ross Banon, represented by his broker, completed the purchase of the apartment from Joel Schwartz. The deal was closed on 09/06/2022. The property was previously subjected to an alteration permit, indicating some modifications made to the apartment. The transaction marks the transfer of ownership between the buyer and seller.