Carter Martin Acquires Multifamily Property At 308 Eldert Street, Bushwick Brooklyn, For $3.9M

The multifamily property located at 308 Eldert Street in Bushwick, Brooklyn has been sold. The transaction took place on December 22, 2021, with Carter Martin purchasing the property from Rosemary Hayden for a total price of $3,900,000. The property falls under the R6 zoning category and has a building floor area of 4,860 square feet, resulting in a price per square foot of $802. The total lot size is 2,000 square feet, with dimensions of 20 ft x 100 ft.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,900,000
• Zoning: R6
• Buyer: Carter Martin
• Seller: Rosemary Hayden
• Building Square Footage: 4,860
• Price per Square Foot: $802
• Lot Size: 2,000 sqft
• Lot Dimension: 20 ft x 100 ft

The transaction involved Carter Martin as the buyer and Rosemary Hayden as the seller. The property has a floor area ratio (FAR) of 2.09 and belongs to tax class 2A. Permits for alteration were issued on July 12, 2016. This transaction represents a significant deal in the Bushwick market of Brooklyn.