Jacquiline Newmark Acquires Multifamily Property On Vanderbilt Avenue For $4.49M

The multifamily property located at 187 Vanderbilt Avenue in Clinton Hill, Brooklyn has been sold. The transaction took place on May 23, 2022. The property is zoned as R6B and has a total buildable square footage (BSF) of 3,320. The price for the property was $4,490,000, resulting in a price per buildable square foot (PPBSF) of $1,352. The total square footage (SF) of the property is 3,851, with a price per square foot (PPSF) of $1,165. The property has a floor area ratio (FAR) of 2.32 and falls under tax class 1. The lot size is 1,660 square feet, with dimensions measuring 27.67 feet by 60 feet. The property has previously undergone an alteration permit on September 8, 2015.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,490,000
• Market: Clinton Hill, Brooklyn
• Buyer: Jacquiline Newmark
• Seller: Dean Moodle & Monica Botkier

Jacquiline Newmark is the buyer of the property, while Dean Moodle and Monica Botkier are the sellers. The transaction represents an important real estate deal in the Clinton Hill market. The property has a lot size of 1,660 square feet and its dimensions are 27.67 feet by 60 feet. It falls under tax class 1 and has a floor area ratio of 2.32. Additionally, the property's history includes an alteration permit issued on September 8, 2015.