Matthew Matatov through the entity 639 Hicks St LLC paid $2.9 million to Matthew Goldfine through the entity 65 Woodhull LLC for the seven-unit residential walkup building (C7) at 65 Woodhull Street in Carroll Gardens, Brooklyn.
The deal closed on June 29, 2023 and was recorded on July 24, 2023. The property has 5,480 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $529 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on December 19, 2012, for $1.2 million. The signatory for Matthew Goldfine was Matthew Goldfine. The signatory for Matthew Matatov was Matthew Matatov.
Prior sales and revenue
Prior to this transaction, PincusCo has no record that the buyer Matthew Matatov had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Matthew Goldfine had not purchased any other properties and had not sold any properties over the same time period. The former owner according to the Department of Housing Preservation and Development is Matthew Goldfine, head officer. The business entity is 65 Woodhull St Llc. The 5,480-square-foot property generated revenue of $169,935 or $31 per square foot, according to the most recent income and expense figures.
The residential walkup building with 7 residential units in Carroll Gardens has 5,480 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 20 feet and is 75 feet deep with a total lot size of 1,499 square feet. The zoning is R6B which allows for up to 2 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $2.1 million.
Violations and lawsuits
There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received one DOB violation in the last year.
There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.
On this tax block, PincusCo has identified the owners of one of the seven commercial properties representing 3,692 square feet of the 34,084 square feet. The identified owner is Rory Cohen.
There are no active new building construction projects on this tax block.
The majority, or 47 percent of the 34,084 square feet of built space are mixed-use buildings, with walkup buildings next occupying 38 percent of the space.
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