Timothy P. Yantz Acquires Commercial Property In Williamsburg, Brooklyn For $7M

The commercial property located at 65-75 Roebling Street in Williamsburg, Brooklyn has been sold in a closed transaction. The property is zoned as M1-2/R6A, MX-8 and falls under tax class 2. The lot size is 12,500 square feet, with a lot dimension of 100 ft x 125 ft.

Summary of Transaction Details

• Property Type: Commercial
• Transaction Amount: $7,000,000
• Buyer: Timothy P. Yantz
• Seller: Morris Feldman
• Building Square Feet (BSF): 37,500
• Price per Building Square Foot (PPBSF): $186
• Total Square Footage (SF): 32,000
• Price per Square Foot (PPSF): $218
• Floor Area Ratio (FAR): 2.56
• Permits: Alteration 3 (09/08/2022)

Notable details include the buyer, Timothy P. Yantz, and the seller, Morris Feldman. The transaction involved a total price of $7,000,000. The property has a building square footage of 37,500 and a price per building square foot of $186. The total square footage of the property is 32,000, with a price per square foot of $218. The floor area ratio (FAR) is 2.56. Additionally, an alteration permit was obtained on September 8, 2022.