Susan Leist Acquires Apartment In Flatlands, Brooklyn For $6.7M

An apartment building located at 3857 Kings Highway in the Flatlands neighborhood of Brooklyn has been sold in a recent transaction. The property, with a total floor area of 26,562 square feet, was sold for a price of $6,733,800, resulting in a price per square foot of $253. The building sits on a lot with an area of 21,250 square feet and has dimensions of 230.92 feet by 178 feet.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $6,733,800
• Address: 3857 Kings Highway, Flatlands, Brooklyn
• Market: Flatlands, Brooklyn
• Zoning: R5, C2-2
• Buyer: Susan Leist
• Seller: Susan Leist
• Price per Square Foot: $253
• Total Square Footage: 26,562
• Tax Class: 2
• Lot Size: 21,250 square feet
• Permits: Alteration (10/15/2018)
• Lot Dimension: 230.92 ft x 178 ft

Susan Leist was both the buyer and the seller in this transaction, representing both sides of the deal. The property offers a high floor area ratio (FAR) of 3.61, indicating its potential for future development or expansion. With its strategic location in the Flatlands neighborhood of Brooklyn, this apartment building presents a valuable investment opportunity.