Radhika Jones & Max Petersen Acquire SFR In Cobble Hill For $6.25M

A single-family home located at 148 Baltic St. in Cobble Hill has been sold for a price of $6,250,000. The property, with a total square footage of 3,204, features a lot size of 1,800 square feet. It has a building size factor (BSF) of 4,374, resulting in a price per BSF (PPBSF) of $1,428. The price per square foot (PPSF) is $1,950. The last recorded sale of the property was on September 18, 2015, for a price of $5,548,000. The property underwent an alteration on May 25, 2011, for which permits were obtained. The lot dimensions are 20 ft x 99.83 ft.

Summary of transaction details

• Property Type: Single-Family Residence (SFR)
• Transaction Amount: $6,250,000
• Market: Cobble Hill
• Zoning: R6, LH-1

The buyers of the property are Radhika Jones and Max Petersen. They were represented by brokers James Cornell and Leslie Marshall. With a floor area ratio (FAR) of 1.78 and a tax class of 1, the property offers significant potential for future development or expansion. The transaction closed on December 21, 2021.