George Kandas Acquires SFR In Brooklyn Heights For $7.55M

Located in the desirable neighborhood of Brooklyn Heights, this single-family residence at 123 Joralemon Street recently changed hands in a closed transaction. The property spans 4,121 square feet and has a zoning classification of R6, offering potential for various uses. The sale, which occurred on June 9, 2021, saw the property being bought by George Kandas from Matthew A Carpenter for a price of $7,550,000. With a price per square foot of $1,832, this transaction reflects the value of the property in the Brooklyn Heights market.

Summary of transation details:

• Property Type: Single-Family Residence (SFR)
• Transaction Amount: $7,550,000
• Square Footage: 4,121
• Price Per Square Foot: $1,832
• Address: 123 Joralemon Street
• Market: Brooklyn Heights
• Zoning: R6

George Kandas emerged as the buyer in this transaction, acquiring the property from Matthew A Carpenter. This sale represents a significant increase in value compared to the previous transaction, which took place in February 2005. At that time, the property was sold for $2,775,000. This substantial appreciation in value demonstrates the growth and desirability of the Brooklyn Heights market.