Adam J Hess & Edward Setton Of Meridian Capital Group Represents Sale Of Mixed-Use Asset For $12M

This transaction involves a mixed-use property located at 442 Lorimer Street & 54 Maujer Street in the Williamsburg market. The asset features a total of 54 apartments and 5 retail stores, encompassing a square footage of 48,000 and a price per square foot of $250. The overall sale price for this property was $12,000,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $12,000,000
• Square Footage: 48,000
• Price Per Square Foot: $250
• Address: 442 Lorimer Street & 54 Maujer Street
• Market: Williamsburg

The brokers representing the transaction are Adam J Hess and Edward Setton from Meridian Capital Group, who facilitated the deal involved in this mixed-use property transfer.