Isidore Heimann Acquires Multifamily Property In Williamsburg, Brooklyn For $3.9M

Isidore Heimann has acquired a four-unit multifamily building at 109 South 3rd Street in Williamsburg, Brooklyn for a total sale price of $3,918,000. The property is located in a desirable market and offers a total of 7,547 square feet of buildable space. The purchase price per unit amounts to $979,500, and the price per square foot is $519. The building itself spans 3,000 square feet, with each unit averaging approximately 750 square feet.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $3,918,000
• Address: 109 South 3rd Street, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• Buyer: Isidore Heimann
• Seller: Tobias Strulovitch
• Number of Units: 4
• Price per Unit: $979,500
• Total Buildable Square Footage: 7,547
• Price per Buildable Square Foot: $519
• Building Square Footage: 3,000
• Price per Square Foot: $1,306

Isidore Heimann acquired the property from Tobias Strulovitch. This successful transaction highlights Isidore Heimann as a prominent buyer in the market. Both parties can be commended for concluding a deal that benefits them both financially.