Shawn Safdie Acquires Single Family Property In Midwood, Brooklyn For $3.55M

The single-family property located at 709 Avenue I in Midwood, Brooklyn has been sold on December 29, 2021. The property, with a lot size of 4,000 square feet and dimensions of 40 ft x 100 ft, is zoned as R2X and OP. The last recorded sale of this property was on May 29, 2014, for a price of $0. The current sale price is $3,550,000, with a building square footage (BSF) of 3,400 and a price per BSF (PPBSF) of $1,044. The property itself has a total area of 1,774 square feet, resulting in a price per square foot (PPSF) of $2,001. The property falls under tax class 1 and has a floor area ratio (FAR) of 0.44.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $3,550,000
• Buyer: Shawn Safdie
• Seller: Jeany Schrier
• Lot Size: 4,000 square feet
• Last Sale Price: $0 (5/29/2014)
• BSF: 3,400
• PPBSF: $1,044
• SF: 1,774
• PPSF: $2,001
• FAR: 0.44
• Tax Class: 1

The buyer, Shawn Safdie, and the seller, Jeany Schrier, were the key individuals involved in this transaction. The deal was closed at a price of $3,550,000, with a three-month permit timeline. The transaction was facilitated by Shawn Safdie's representative at the agency he is associated with.