Single-Family Residence Sold In Cobble Hill For $6.5M

The property asset involved in the transaction is a single-family residence located at 31 Strong Place in the Cobble Hill market. The property was sold for $6,500,000, encompassing a building size of 6,415 square feet, translating to a price per building square foot (PPBSF) of $1,013. The living area of the residence measures 4,947 square feet, with a price per square foot (PPSF) of $1,313. The lot size is 2,640 square feet with dimensions of 25 ft x 106.17 ft. The zoning classification is R6, with a floor area ratio (FAR) of 1.87. The property falls under tax class 1, and the last recorded sale price was $2,400,000, which occurred on May 27, 2005. An alteration permit was issued on December 3, 2004.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $6,500,000
• Broker: Deborah Rieders - Corcoran
• Seller: Matthew Warburton
• Building Size: 6,415 sq ft
• Living Area: 4,947 sq ft
• Lot Size: 2,640 sq ft
• Last Sale Price: $2,400,000
• Alteration Permit: 1
• Tax Class: 1
• Market: Cobble Hill
• Zoning: R6
• FAR: 1.87

Deborah Rieders from Corcoran represented the seller, Matthew Warburton, in the transaction. The brokerage facilitated the sale, navigating through the details to ensure a successful closing of the deal.