David Cohen Acquires Mill Basin Nursery For $31.1M From Seller Adam G Mabry

The property at 5905 Strickland Avenue in Mill Basin, Brooklyn, was recently sold in a closed transaction. The asset type is a nursery, and it falls under the C3 zoning category. The property features a lot size of 142,212 square feet, with dimensions of 573 feet by 417 feet. It has a floor area ratio (FAR) of 0.76 and is classified as tax class 4.

Summary of Transaction Details

• Property Type: Nursery
• Transaction Amount: $31,131,930
• Buyer: David Cohen
• Seller: Adam G Mabry
• Building Square Footage (BSF): 71,106
• Price Per Building Square Foot (PPBSF): $437
• Lot Square Footage (SF): 108,081
• Price Per Square Foot (PPSF): $288
• Last Sale Price: $17,077,442 (09/30/2003)
• Permits: Alteration type 2 (09/10/2018)

David Cohen acted as the buyer in this transaction, while Adam G Mabry was the seller. The property was sold for a total price of $31,131,930. The building on the property has a total floor area of 71,106 square feet, with a price per building square foot of $437. The lot itself measures 108,081 square feet, with a price per square foot of $288. The last recorded sale of the property prior to this transaction was on 09/30/2003, when it was sold for $17,077,442. Additionally, permits for alteration type 2 were obtained on 09/10/2018.