Carlos Saavedra Acquires Multifamily Property On State Street, Boerum Hill, Brooklyn For $4.5M

The multifamily property located at 362 State Street in Boerum Hill, Brooklyn, has been sold in a closed transaction. The property is zoned as R6B, R7A, C2-4, DB, and is situated on a lot size of 2,450 square feet. The building has a total square footage of 4,410, with a buildable square footage (BSF) of 4,900. The price for this transaction was $4,500,000, resulting in a price per buildable square footage (PPBSF) of $918, and a price per square footage (PPSF) of $1,020.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,500,000
• Address: 362 State Street, Boerum Hill, Brooklyn
• Market: Boerum Hill, Brooklyn
• Zoning: R6B, R7A, C2-4, DB
• Lot Size: 2,450 square feet
• Buildable Square Footage (BSF): 4,900
• Price per Buildable Square Footage (PPBSF): $918
• Square Footage (SF): 4,410
• Price per Square Footage (PPSF): $1,020

The buyer of the property is Carlos Saavedra, while the seller is Emily O. Slater. The last recorded sale of this property was on July 11, 2005, for a price of $1,915,000. On September 22, 2009, permits were issued for an alteration 2. The lot dimensions are 24.5 feet by 100 feet.