Joseph Traina Acquires Multi-Family Property In Boerum Hill, Brooklyn For $7.6M

The multi-family property at 96 3 Avenue in Boerum Hill, Brooklyn has been sold. The property is zoned as R7A and C2-4 and has a total square footage (SF) of 8,481. The building's square footage (BSF) is 10,000, resulting in a price per BSF (PPBSF) of $763. The price of the property was $7,625,000, with a price per square foot (PPSF) of $899. The property has a floor area ratio (FAR) of 3.39 and is classified as tax class 2. The lot size is 2,500 square feet, with dimensions of 25 feet by 100 feet. The previous sale of the property occurred on December 29, 2016, for a price of $0.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $7,625,000
• Market: Boerum Hill, Brooklyn
• Zoning: R7A, C2-4
• Square Footage (SF): 8,481
• Building Square Footage (BSF): 10,000
• Price per BSF (PPBSF): $763
• Price per Square Foot (PPSF): $899
• Floor Area Ratio (FAR): 3.39
• Tax Class: 2
• Lot Size: 2,500 square feet
• Last Sale Price: $0 (12/29/2016)
• Lot Dimension: 25 ft x 100 ft

The buyer of the property is Joseph Traina, while the seller is Neil Kupferman.