Cheskie Weisz's CW Realty Acquires Williamsburg Development Site For $39M

A development site located on Hope Street in the Williamsburg market has been sold for $39,000,000. The property, part of a larger assemblage, was purchased by Cheskie Weisz of CW Realty. The seller, Heatherwood Luxury Rentals, was represented by Marcus & Millichap's broker, Said Boukhalfa.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $39,000,000
• Address: Hope Street, Williamsburg
• Buyer: Cheskie Weisz - CW Realty
• Seller: Heatherwood Luxury Rentals
• Broker: Marcus & Millichap - Said Boukhalfa

The assemblage on Hope Street was a prime opportunity for development, and CW Realty recognized its potential. With this acquisition, Cheskie Weisz continues to expand the company's real estate portfolio in the Williamsburg market. The seller, Heatherwood Luxury Rentals, entrusted the transaction to Marcus & Millichap's broker, Said Boukhalfa, who played a key role in facilitating the deal.