Daniel Smulian Acquires Multifamily Property In Fort Greene For $4.1M

The property located at 60 Saint Felix Street in Fort Greene, Brooklyn has been sold in a recent transaction. The multifamily asset, with a zoning classification of R6B, offers a total square footage (SF) of 3,197. The building has a building square footage (BSF) of 2,920 and a price per square footage (PPSF) of $1,282. The property sits on a lot with a size of 1,460 and dimensions of 20 ft x 73.42 ft.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,100,000
• Buyer: Daniel Smulian
• Seller: Nicholas Hodge
• Market: Fort Greene, Brooklyn
• Last Sale Price: $3,036,000 (04/29/2019)
• Permits: Alteration 2 (07/31/2017)
• Far: 2.19
• Tax Class: 1

The buyer in the transaction is Daniel Smulian and the seller is Nicholas Hodge. This sale represents a significant increase in value compared to the previous sale of $3,036,000 in April 2019. The property had alterations permits issued on July 31, 2017. The deal showcases the dynamic real estate market in Fort Greene, Brooklyn.