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Carter Martin Acquires Multifamily Property On Cornelia Street In Bushwick For $3.7M

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SOLD
$3,693,576

New York

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MultiFamily4,300 SF
Sold 09/12/2022
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Property Image
SOLD

Carter Martin Acquires Multifamily Property On Cornelia Street In Bushwick For $3.7M

315 Cornelia Street, Brooklyn, New York 11237, United States

See Similar Deals
MultiFamily4,300 SF
Sold 09/12/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$859
Total Square Footage:4,300 SF
Transaction Type:Sale

315 Cornelia Street, located in Bushwick, Brooklyn, has been sold in a multifamily property transaction. The property, with a total square footage of 4,300, was sold for a price of $3,693,576. The price per square foot for this transaction was $858. The building has a buildable square footage (BSF) of 4,860, resulting in a price per buildable square foot (PPBSF) of $370. The lot size is 2,000 square feet, with dimensions of 20 ft x 100 ft. The property is zoned as R6, allowing for multifamily use.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,693,576
  • Market: Bushwick, Brooklyn
  • Zoning: R6
  • Square Footage: 4,300
  • Price per Square Foot: $858
  • Buildable Square Footage (BSF): 4,860
  • Price per Buildable Square Foot (PPBSF): $370
  • Lot Size: 2,000 square feet
  • Lot Dimension: 20 ft x 100 ft

The buyer for this transaction is Carter Martin, and the seller is RoseMary Hayden. The property was sold under tax class 2A and has a floor area ratio (FAR) of 2.15. An alteration permit was issued for the property on August 3, 2018.

Players

CM
28 deals$146M volume
BUYER

7 deals$25.1M volume
SELLER

Details

SOLD
IMAGE: 09/12/2022 ADDRESS: 315 Cornelia Street MARKET: Bushwick, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6 BUYER: Carter Martin SELLER: RoseMary Hayden PRICE: $3,693,576 BSF: 4,860 ~ PPBSF: $370 SF: 4,300 ~ PPSF: $858 FAR: 2.15 TAX CLASS: 2A LOT SIZE: 2,000 PERMITS: Alteration 1 (08/03/2018) LOT DIMENSION: 20 ft x 100 ft

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