A multifamily property located at 224 Baltic Street in Cobble Hill has been sold for $4,200,000. The property, with a total square footage of 2,346, is zoned as R6 and has a floor area ratio (FAR) of 1.41. The buyer, McDonald Condon Bartels, purchased the property from the seller, Emily S Moyer. The transaction was facilitated by Ari Harkov from Brown Harris Stevens.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Address: 224 Baltic Street
• Market: Cobble Hill
• Zoning: R6

The property, which sits on a lot size of 1,664 square feet, was sold at a price of $1,790 per square foot. The building has a total buildable square footage (BSF) of 4,044, resulting in a price per buildable square foot (PPBSF) of $1,038. The last recorded sale of the property was on December 17, 2014, for $300,000. An alteration permit was issued on October 16, 2009.

The lot dimensions of the property are 16.67 ft x 99.83 ft. The property falls under tax class 1.