Ryan Miller Acquires Multifamily Property At 175 Clinton Street In Downtown Brooklyn For $3.25M

The multifamily property located at 175 Clinton Street in Downtown Brooklyn, Brooklyn has been sold. The transaction took place on May 4, 2021. The property is zoned as R6, C2-3, and LH-1, allowing for various uses. It has a total buildable square footage (BSF) of 5,468, with a price per buildable square foot (PPBSF) of $594. The property spans across 4,500 square feet, with a price per square foot (PPSF) of $722.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,250,000
• Tax Class: 2A
• Lot Size: 2,265
• Lot Dimensions: 25 ft x 90 ft

The buyer in this transaction is Ryan Miller, while the seller is Leanne Korbel. The property has a floor area ratio (FAR) of 2.00, which indicates the total floor area relative to the lot size. The deal was facilitated by the respective brokers representing the buyer and seller.