The property involved in the transaction is located at 475 Waverly Ave., Clinton Hill, Brooklyn. This single-family residence is priced at $3,260,000, reflecting a price per square foot of $1,137, with a total area of 2,867 square feet. The asset was initially listed at an asking price of $3,250,000 and sold for $360,000 or over 12% premium compared to a similar property next door that sold for $2,900,000 in November 2019. The home received three offers in the first week of listing.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $3,260,000
• Address: 475 Waverly Ave.
• Market: Clinton Hill, Brooklyn
• Asking Price: $3,250,000
• Sale Price: $3,260,000
• SF: 2,867
• PPSF: $1,137
• Buyer: Tammy Henault & Patrick Parault
• Seller: Seth Weissman & Paul Arnhold - Urban Standard Capital
• Broker: Christine Blackburn

Christine Blackburn represented the buyer, Tammy Henault & Patrick Parault, in this transaction. Urban Standard Capital, represented by Seth Weissman and Paul Arnhold, sold the property. For further inquiries related to equity and debt opportunities, Robert can be contacted at [email protected].