Aview Equities Acquires Development Site In East Williamsburg For $10.5M

A development site located at 232 Seigel Street in East Williamsburg, was recently sold for a total of $10,500,000. The buyer in this transaction was Aview Equities, represented by Abraham Leifer from the same company. The seller of the property was Heritage Equity Partners. The site spans an area suitable for the development of 150 units, resulting in a per unit price of $70,000.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $10,500,000
• Units: 150
• Price Per Unit: $70,000
• Date: 03/30/2022
• Address: 232 Seigel Street
• Market: East Williamsburg
• Buyer: Aview Equities - Abraham Leifer
• Seller: Heritage Equity Partners

This transaction involved Michael Lichtenstein, Toby Moskovits, and Abraham Leifer from Aview Equities. They worked alongside Heritage Equity Partners to complete the deal.