Sandor Krauss Acquires Single Family Property In Cobble Hill, Brooklyn For $9.5M

A single-family property located at 24 Wyckoff Street in Cobble Hill, Brooklyn has been sold in a transaction that closed on August 29, 2022. The property is zoned as R6B and has a lot size of 2,500 square feet. The building consists of 3,250 square feet and has a total of 5,000 square feet of buildable space. The transaction price was $9,500,000, resulting in a price per square foot of $2,923.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $9,500,000
• Market: Cobble Hill, Brooklyn
• Zoning: R6B
• Square Footage: Building - 3,250 sqft, Buildable - 5,000 sqft
• Price per Square Foot: $2,923
• Lot Size: 2,500 sqft

Sandor Krauss was the buyer in this transaction, while Peter Banks acted as the seller. The property's previous sale was on June 30, 2017, for a price of $3,325,000. An alteration permit was issued on February 15, 2018. The lot dimensions are 25 feet by 100 feet. The property is classified as tax class 1 and has a floor area ratio (FAR) of 1.30.