Dtbg 56 Frost Street Owner LLC paid $6M to 56 Frost Realty LLC

Dtbg 56 Frost Street Owner LLC paid 56 Frost Realty LLC $6.3 million for 1 parcel, including the tax class semi-fireproof manufacturing building (F4) and containing 8 residential units at 56 Frost Street in East Williamsburg. The deal closed on June 25, 2019 and was recorded on July 22, 2019. The parcel(s) have total development potential of 6,328 square feet.
The average sale price per square foot is $1,007.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 8 residential (or hotel) units on October 23, 2017.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link