Ross Banon Acquires 273 Leonard Street In Williamsburg, Brooklyn For $7.7M

An apartment located at 273 Leonard Street in Williamsburg, Brooklyn has been sold in a recent transaction. The property is zoned as R6B and spans an area of 5,000 square feet. It was purchased by Ross Banon from Joel Schwartz for a total price of $7,692,308. The sale took place on September 6, 2022. The apartment has a total square footage of 4,975, with a price per square foot of $1,546. The building's floor area ratio (FAR) is 1.99, and it falls under tax class 2B. The lot size is 2,500 square feet, with dimensions of 25 feet by 100 feet. The prior sale of the property occurred on February 15, 2013, at a price of $1,300,000. An alteration permit was issued on July 20, 2015.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $7,692,308
• Market: Williamsburg, Brooklyn
• Buyer: Ross Banon
• Seller: Joel Schwartz
• Building Square Footage: 5,000
• Price per Square Foot: $1,546
• Total Square Footage: 4,975
• Floor Area Ratio (FAR): 1.99
• Tax Class: 2B
• Lot Size: 2,500 square feet
• Lot Dimensions: 25 ft x 100 ft
• Last Sale Price: $1,300,000 (02/15/2013)
• Permits: Alteration 3 (07/20/2015)

Ross Banon represented himself as the buyer in this transaction, while Joel Schwartz represented himself as the seller. The property's current buyer, Ross Banon, acquired the apartment from the seller, Joel Schwartz, for the total amount of $7,692,308. The sale took place in the bustling market of Williamsburg, Brooklyn. The apartment offers a spacious floor area of 5,000 square feet, with a price per square foot of $1,546. Ross Banon saw the opportunity in this property and decided to invest in it, finalizing the deal on September 6, 2022.