Carter Martin Acquires Multi Family Property In Bushwick, Brooklyn For $4.09M

A multi-family property located at 352 Weirfield Street in Bushwick, Brooklyn has been sold. The transaction took place on December 22, 2021, with a purchase price of $4,090,000. The property has a building square footage (BSF) of 4,860, resulting in a price per BSF (PPBSF) of $842. The total square footage (SF) of the property is 4,367, with a price per SF (PPSF) of $937. The property is zoned as R6 under the multi-family classification. Its floor area ratio (FAR) is 2.18, and it falls under tax class 2A. The lot size measures 2,000 square feet with dimensions of 20 feet by 100 feet. The previous sale of the property was on June 6, 2018, for a price of $0.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $4,090,000
• Address: 352 Weirfield Street, Bushwick, Brooklyn
• Market: Bushwick, Brooklyn
• Zoning: R6
• Buyer: Carter Martin
• Seller: Rosemary Hayden
• BSF: 4,860
• PPBSF: $842
• SF: 4,367
• PPSF: $937
• FAR: 2.18
• Tax Class: 2A
• Lot Size: 2,000
• Last Sale Price: $0 (06/06/2018)
• Lot Dimension: 20 ft x 100 ft

Carter Martin acted as the buyer in this transaction, with Rosemary Hayden serving as the seller. The property transaction represents a significant investment opportunity in the Bushwick market of Brooklyn.