Robert S Frankel Acquires Multifamily Property In Cobble Hill, Brooklyn For $8.3M

A multifamily property located at 6 Strong Pl in Cobble Hill, Brooklyn has been sold for $8,300,000. The property has a building square footage (BSF) of 5,900, with a price per BSF (PPBSF) of $1,406. The total square footage (SF) of the property is 4,807, with a price per square foot (PPSF) of $1,726. The lot size is 2,428. The property falls under zoning R6, LH-1 and has a floor area ratio (FAR) of 1.98. The tax class is 1. The last recorded sale transaction for the property took place on May 5, 2011, for a price of $2,600,000. An alteration permit was issued for the property on August 21, 2012, under the category of alteration type 2.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,300,000
• Address: 6 Strong Pl, Cobble Hill, Brooklyn
• Market: Cobble Hill, Brooklyn
• Asset Type: Multifamily
• Zoning: R6, LH-1

The buyer of the property is Robert S Frankel, while the seller is Gregory Murphy. The transaction was facilitated by brokers Nick Hovsepian, Leslie Marshall, and James Cornell.