A Multifamily Property In Carroll Gardens, Brooklyn Sold For $3.9M

The asset involved in this transaction is a multifamily property located in Carroll Gardens, Brooklyn. The sale occurred on July 12, 2022, at a price of $3,900,000. The building has a total square footage of 3,362 and a building size factor (BSF) of 4,083, resulting in a price per building square foot (PPBSF) of $955 and a price per square foot (PPSF) of $1,160. The property is situated on a lot measuring 1,361 square feet with dimensions of 16.67 ft by 81.67 ft and is zoned R6A. The floor area ratio (FAR) is 2.47, and it falls under tax class 1.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,900,000
• Building Size Factor: 4,083
• Price per Building Square Foot: $955
• Total Square Footage: 3,362
• Price per Square Foot: $1,160
• Floor Area Ratio: 2.47
• Tax Class: 1
• Lot Size: 1,361
• Lot Dimensions: 16.67 ft x 81.67 ft
• Seller: Henry A Martuscello

Henry A Martuscello acted as the seller in this transaction. The deal represents a significant closing in the Carroll Gardens market, showcasing activity in the multifamily sector. The specific agents or representatives involved in the transaction were not detailed in the provided information.