Matthew Goldgrub Acquires Multifamily Property On Grand Avenue In Clinton Hill For $5.25M

The multifamily property located at 408 Grand Avenue in Clinton Hill, Brooklyn was recently sold in a closed transaction. The property is categorized as R6B zoning and features a lot size of 2,100 square feet. It underwent an alteration permit on February 19, 2013, and has dimensions of 21 feet by 100 feet.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $5,250,000
• Market: Clinton Hill, Brooklyn
• Buyer: Matthew Goldgrub
• Seller: Jonathan Butler
• Building Square Footage: 4,200
• Price per Building Square Foot: $1,250
• Lot Square Footage: 4,326
• Price per Lot Square Foot: $1,213
• Floor Area Ratio (FAR): 2.06
• Tax Class: 1

The buyer, Matthew Goldgrub, purchased the property from Jonathan Butler. The transaction was closed on May 20, 2022. The property's price was $5,250,000, with a building square footage of 4,200 and a price per building square foot of $1,250. The lot size is 4,326 square feet, with a price per lot square foot of $1,213. The property is subject to a FAR of 2.06 and falls under tax class 1.