Jonathan Wiener Acquires Multi Family Property In Midwood, Brooklyn For $3.57M

The multi-family property located at 984 East 15 Street in Midwood, Brooklyn has been sold in a recent transaction. The property is zoned as R5 and has a lot size of 6,000 square feet, with dimensions of 60 ft x 100 ft. The building has a total square footage of 21,360 and a buildable square footage (BSF) of 7,500. The price for this transaction was $3,575,127, resulting in a price per buildable square foot (PPBSF) of $477 and a price per square foot (PPSF) of $167. The property has a floor area ratio (FAR) of 3.56 and falls under tax class 2. The last recorded sale for this property was on 08/11/1971 with a sale price of $0.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $3,575,127
• Market: Midwood, Brooklyn
• Zoning: R5
• Lot Size: 6,000 square feet
• Lot Dimension: 60 ft x 100 ft
• BSF: 7,500
• PPBSF: $477
• SF: 21,360
• PPSF: $167
• FAR: 3.56
• Tax Class: 2

Jonathan Wiener has purchased the property from Morris Joseph Knoll. Both parties were represented by their respective brokers in the deal.